PRABHAT LODGE, BAUNTON LANE, CIRENCESTER, GL7 2LL - £880,000

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

PRABHAT LODGE is a very large detached house of 183m², built sometime between 1950 and 1966. It was last sold for £880,000 in July 2018, which was around 60% above the average July 2018 detached price in the Cotswold local authority area. The most recent EPC inspection was March 2018, where the current energy rating was E, and the potential energy rating was D.

PRABHAT LODGE Sold Prices

Land registry data shows two sales for PRABHAT LODGE 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 PRABHAT LODGE 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
2018 27 JUL	£880,000	£549,478	60% above HPI
2011 21 OCT	£639,000	£417,094	53% above HPI

PRABHAT LODGE 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 PRABHAT LODGE sales from October 2011 and July 2018 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 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the July 2018 sale, where it rises to 60% above the HPI. The line then continues to track at 60% above the HPI.

How Large is PRABHAT LODGE?

PRABHAT LODGE is 183m² according to the EPC inspection conducted in March 2018. This puts it in the largest 20% of detached houses in Stratton, based on EPC data. The below chart shows the distribution of detached houses by size in Stratton, and where PRABHAT LODGE lies on this distribution: 84% of detached houses are smaller than PRABHAT LODGE, and 16% of houses are larger. Note that EPC data is not available for all properties in Stratton.

PRABHAT LODGE: Plot and Title Map

PRABHAT LODGE sits on a plot of roughly 0.585 of an acre, or 2,368m². The below map shows the location of PRABHAT LODGE, 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 PRABHAT LODGE). 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 PRABHAT LODGE?

PRABHAT LODGE is located on BAUNTON LANE in CIRENCESTER, in the GL7 postcode district. The below map shows the position of PRABHAT LODGE on BAUNTON LANE.