DRIFTWOOD, HAM LANE, SOUTH CERNEY, CIRENCESTER, GL7 5UF - £464,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

DRIFTWOOD is a midsized detached house of 128m², built sometime between 1967 and 1975. It was last sold for £464,000 in September 2016, which was around 10% below the average September 2016 detached price in the Cotswold local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was C.

DRIFTWOOD Sold Prices

Land registry data shows two sales for DRIFTWOOD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cotswold local authority area for the corresponding sale date. Both of the two DRIFTWOOD sales were for below 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
2016 16 SEP	£464,000	£517,320	10% below HPI
2011 14 OCT	£325,000	£417,094	22% below HPI

DRIFTWOOD 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 two DRIFTWOOD sales from October 2011 and September 2016 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 October 2011 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the September 2016 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is DRIFTWOOD?

DRIFTWOOD is 128m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 50% of detached houses in South Cerney, based on EPC data. The below chart shows the distribution of detached houses by size in South Cerney, and where DRIFTWOOD lies on this distribution: 40% of detached houses are smaller than DRIFTWOOD, and 58% of houses are larger. Note that EPC data is not available for all properties in South Cerney.

DRIFTWOOD: Plot and Title Map

DRIFTWOOD sits on a plot of roughly 0.178 of an acre, or 721m². The below map shows the location of DRIFTWOOD, 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 DRIFTWOOD). 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 DRIFTWOOD?

DRIFTWOOD is located on HAM LANE in SOUTH CERNEY, in the GL7 postcode district. The below map shows the position of DRIFTWOOD on HAM LANE.