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

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

SERENDIPITY is a very large detached house of 211m², built sometime from 2007 onwards. 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	£277,157	35% above HPI
2012 30 OCT	£345,000	£221,341	56% 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 56% above the HPI. So the extrapolation line tracks at 56% 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.

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 in Corse, based on EPC data. The below chart shows the distribution of detached houses by size in Corse, and where SERENDIPITY lies on this distribution: 92% of detached 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.