SERENDIPITY, BOUNDARY PLACE, CORSE, GLOUCESTER, GL19 3RG - £373,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

SERENDIPITY is a very large detached house of 211m², built sometime from 2007 onwards, which could now be worth an estimated £548,256. It was last sold for £373,000 in August 2017, which was around 35% above the average August 2017 detached price in the Forest of Dean local authority area. The most recent EPC inspection was May 2012, where the current energy rating was C, and the potential energy rating was B.

SERENDIPITY Sold Prices

Land registry data shows two sales for SERENDIPITY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Forest of Dean local authority area for the corresponding sale date. Both of the two SERENDIPITY sales 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
2017 21 AUG	£373,000	£275,561	35% above HPI
2012 30 OCT	£345,000	£220,066	57% above HPI

SERENDIPITY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Forest of Dean local authority area over time, sourced from the HPI. The two SERENDIPITY sales from October 2012 and August 2017 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 2012 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the August 2017 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.

What might SERENDIPITY be worth now?

SERENDIPITY might now be worth an estimated £548,256.

This is based on house price inflation of 47%, between August 2017 and February 2025, for detached houses, in the Forest of Dean local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 47% inflationary increase is applied to the most recent sale price for SERENDIPITY of £373,000 on 21st August 2017. For the value to have increased from £373,000 to £548,256 over the eight years and six months to February 2025, the following assumptions must hold true:

• The value of SERENDIPITY has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The August 2017 sale price of £373,000 represented a fair market value for the property.
• The size, condition, and specification of SERENDIPITY has not materially changed since August 2017.

How Large is SERENDIPITY?

SERENDIPITY is 211m² according to the EPC inspection conducted in May 2012. This puts it in the largest 10% of detached houses houses in Corse, based on EPC data. The below chart shows the distribution of detached houses houses by size in Corse, and where SERENDIPITY lies on this distribution: 92% of detached houses houses are smaller than SERENDIPITY, and 8% of houses are larger. Note that EPC data is not available for all properties in Corse.

SERENDIPITY: Plot and Title Map

SERENDIPITY sits on a plot of roughly 0.195 of an acre, or 789m². The below map shows the location of SERENDIPITY, 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 SERENDIPITY). 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 SERENDIPITY?

SERENDIPITY is located on BOUNDARY PLACE in CORSE, in the GL19 postcode district. The below map shows the position of SERENDIPITY on BOUNDARY PLACE.