3, MILL PLACE, CIRENCESTER, GL7 2BG - £600,000

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.

3 MILL PLACE is a large extended semi-detached house of 138m², built sometime between 2003 and 2006, which could now be worth an estimated £674,493. It was last sold for £600,000 in December 2020, which was around 73% above the average December 2020 semi-detached price in the Cotswold local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

3 MILL PLACE Sold Prices

Land registry data shows two sales for 3 MILL PLACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Cotswold local authority area for the corresponding sale date. Both of the two 3 MILL PLACE 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
2020 23 DEC	£600,000	£346,525	73% above HPI
2004 1 JUN	£435,000	£207,256	110% above HPI

3 MILL PLACE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Cotswold local authority area over time, sourced from the HPI. The two 3 MILL PLACE sales from June 2004 and December 2020 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 June 2004 sale was for 110% above the HPI. So the extrapolation line tracks at 110% above the HPI over time, until the December 2020 sale, where it falls to 73% above the HPI. The line then continues to track at 73% above the HPI.

What might 3 MILL PLACE be worth now?

3 MILL PLACE might now be worth an estimated £674,493.

This is based on house price inflation of 12.4%, between December 2020 and May 2026, for semi-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 12.4% inflationary increase is applied to the most recent sale price for 3 MILL PLACE of £600,000 on 23rd December 2020. For the value to have increased from £600,000 to £674,493 over the six years and seven months to May 2026, the following assumptions must hold true:

• The value of 3 MILL PLACE has moved in line with the HPI for semi-detached houses in the Cotswold local authority area.
• The December 2020 sale price of £600,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MILL PLACE has not materially changed since December 2020.

How Large is 3 MILL PLACE?

3 MILL PLACE is 138m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the largest 40% of semi-detached houses houses in Cirencester, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Cirencester, and where 3 MILL PLACE lies on this distribution: 61% of semi-detached houses houses are smaller than 3 MILL PLACE, and 39% of houses are larger. Note that EPC data is not available for all properties in Cirencester.

3 MILL PLACE: Plot and Title Map

3 MILL PLACE sits on a plot of roughly 1.7 acres, or 6,748m². The below map shows the location of 3 MILL 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 MILL 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 MILL PLACE?

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