2, LAKESIDE, FAIRFORD, GL7 4DN - £375,000

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.

2 LAKESIDE is a midsized extended detached house of 128m², built sometime between 1967 and 1975, which could now be worth an estimated £360,258. It was last sold for £375,000 in February 2022, which was around 42% below the average February 2022 detached price in the Cotswold local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was B.

2 LAKESIDE Sold Prices

Land registry data shows four sales for 2 LAKESIDE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cotswold local authority area for the corresponding sale date. All of the four 2 LAKESIDE 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
2022 18 FEB	£375,000	£649,373	42% below HPI
2017 19 MAY	£270,000	£497,012	46% below HPI
2008 4 JAN	£210,000	£415,977	50% below HPI
2002 3 MAY	£120,000	£258,692	54% below HPI

2 LAKESIDE 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 four 2 LAKESIDE sales between May 2002 and February 2022 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 May 2017 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the February 2022 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 2 LAKESIDE be worth now?

2 LAKESIDE might now be worth an estimated £360,258.

This is based on house price deflation of 3.9%, between February 2022 and April 2026, 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 3.9% deflationary decrease is applied to the most recent sale price for 2 LAKESIDE of £375,000 on 18th February 2022. For the value to have decreased from £375,000 to £360,258 over the three years and ten months to April 2026, the following assumptions must hold true:

• The value of 2 LAKESIDE has moved in line with the HPI for detached houses in the Cotswold local authority area.
• The February 2022 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LAKESIDE has not materially changed since February 2022.

How Large is 2 LAKESIDE?

2 LAKESIDE is 128m², which includes one extension, according to the EPC inspection conducted in August 2021. This puts it in the largest 50% of detached houses houses in Horcott, based on EPC data. The below chart shows the distribution of detached houses houses by size in Horcott, and where 2 LAKESIDE lies on this distribution: 55% of detached houses houses are smaller than 2 LAKESIDE, and 45% of houses are larger. Note that EPC data is not available for all properties in Horcott.

2 LAKESIDE: Plot and Title Map

2 LAKESIDE sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 2 LAKESIDE, 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 2 LAKESIDE). 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 2 LAKESIDE?

2 LAKESIDE is located in FAIRFORD, in the GL7 postcode district. The below map shows the position of No. 2 on LAKESIDE.