3, PRICE PLACE, CIRENCESTER, GL7 1QF - £575,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 PRICE PLACE is a very large detached house of 165m². It was last sold for £575,000 in September 2021, which was around 5% below the average September 2021 detached price in the Cotswold local authority area. The most recent EPC inspection was August 2014, where the current energy rating was B, and the potential energy rating was A.

3 PRICE PLACE Sold Prices

Land registry data shows three sales for 3 PRICE PLACE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cotswold local authority area for the corresponding sale date. One of the three 3 PRICE PLACE sales was for below the average price, whilst two were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 8 SEP	£575,000	£604,743	5% below HPI
2017 14 AUG	£524,000	£520,183	1% above HPI
2014 27 AUG	£500,000	£453,163	10% above HPI

3 PRICE PLACE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cotswold local authority area over time, sourced from the HPI. The three 3 PRICE PLACE sales between August 2014 and September 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 2017 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the September 2021 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 3 PRICE PLACE be worth now?

3 PRICE PLACE might now be worth an estimated £669,863.

This is based on house price inflation of 16.5%, between September 2021 and December 2024, for detached houses, in the Cotswold local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.5% inflationary increase is applied to the most recent sale price for 3 PRICE PLACE of £575,000 on 8th September 2021. For the value to have increased from £575,000 to £669,863 over the two years and nine months to December 2024, the following assumptions must hold true:

• The value of 3 PRICE PLACE has moved in line with the HPI for detached houses in the Cotswold local authority area.
• The September 2021 sale price of £575,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PRICE PLACE has not materially changed since September 2021.

How Large is 3 PRICE PLACE?

3 PRICE PLACE is 165m² according to the EPC inspection conducted in August 2014. This puts it in the largest 20% of detached houses houses in Cirencester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cirencester, and where 3 PRICE PLACE lies on this distribution: 80% of detached houses houses are smaller than 3 PRICE PLACE, and 20% of houses are larger. Note that EPC data is not available for all properties in Cirencester.

3 PRICE PLACE: Plot and Title Map

3 PRICE PLACE sits on a plot of roughly 0.130 of an acre, or 526m². The below map shows the location of 3 PRICE PLACE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 3 PRICE PLACE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 3 PRICE PLACE?

3 PRICE PLACE is located in CIRENCESTER, in the GL7 postcode district. The below map shows the position of No. 3 on PRICE PLACE.