WELLSPRING COTTAGE, WATER LANE, SOMERFORD KEYNES, CIRENCESTER, GL7 6DS - £870,000

WELLSPRING COTTAGE is a small extended detached house of 142m², built sometime between 2003 and 2006. It was last sold for £870,000 in September 2023, which was around 15% above the average September 2023 detached price in the Cotswold local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was A.

WELLSPRING COTTAGE Sold Prices

Land registry data shows two sales for WELLSPRING COTTAGE 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 WELLSPRING COTTAGE 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
2023 28 SEP	£870,000	£756,289	15% above HPI
2012 16 AUG	£490,000	£423,564	16% above HPI

WELLSPRING COTTAGE 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 WELLSPRING COTTAGE sales from August 2012 and September 2023 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 August 2012 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the September 2023 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is WELLSPRING COTTAGE?

WELLSPRING COTTAGE is 142m², which includes three extensions, according to the EPC inspection conducted in February 2023. This puts it in the smallest 30% of detached houses in Somerford Keynes, based on EPC data. The below chart shows the distribution of detached houses by size in Somerford Keynes, and where WELLSPRING COTTAGE lies on this distribution: 24% of detached houses are smaller than WELLSPRING COTTAGE, and 76% of houses are larger. Note that EPC data is not available for all properties in Somerford Keynes.

WELLSPRING COTTAGE: Plot and Title Map

WELLSPRING COTTAGE sits on a plot of roughly 0.152 of an acre, or 615m². The below map shows the location of WELLSPRING COTTAGE, 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 WELLSPRING COTTAGE). 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 WELLSPRING COTTAGE?

WELLSPRING COTTAGE is located on WATER LANE in SOMERFORD KEYNES, in the GL7 postcode district. The below map shows the position of WELLSPRING COTTAGE on WATER LANE.