12, WELL CLOSE, NORTHWAY, TEWKESBURY, GL20 8RS - £300,000

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.

12 WELL CLOSE is a small extended detached house of 78m², built sometime between 1976 and 1982, which could now be worth an estimated £309,005. It was last sold for £300,000 in May 2023, which was around 39% below the average May 2023 detached price in the Tewkesbury local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was C.

12 WELL CLOSE Sold Prices

Land registry data shows two sales for 12 WELL CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Tewkesbury local authority area for the corresponding sale date. Both of the two 12 WELL CLOSE 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
2023 26 MAY	£300,000	£493,468	39% below HPI
2012 28 DEC	£169,000	£285,359	41% below HPI

12 WELL CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tewkesbury local authority area over time, sourced from the HPI. The two 12 WELL CLOSE sales from December 2012 and May 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 December 2012 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the May 2023 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 12 WELL CLOSE be worth now?

12 WELL CLOSE might now be worth an estimated £309,005.

This is based on house price inflation of 3%, between May 2023 and February 2025, for detached houses, in the Tewkesbury local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3% inflationary increase is applied to the most recent sale price for 12 WELL CLOSE of £300,000 on 26th May 2023. For the value to have increased from £300,000 to £309,005 over the two years and three months to February 2025, the following assumptions must hold true:

• The value of 12 WELL CLOSE has moved in line with the HPI for detached houses in the Tewkesbury local authority area.
• The May 2023 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 12 WELL CLOSE has not materially changed since May 2023.

How Large is 12 WELL CLOSE?

12 WELL CLOSE is 78m², which includes three extensions, according to the EPC inspection conducted in July 2022. This puts it in the smallest 40% of detached houses houses in Northway, based on EPC data. The below chart shows the distribution of detached houses houses by size in Northway, and where 12 WELL CLOSE lies on this distribution: 30% of detached houses houses are smaller than 12 WELL CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Northway.

12 WELL CLOSE: Plot and Title Map

12 WELL CLOSE sits on a plot of roughly 0.048 of an acre, or 195m². The below map shows the location of 12 WELL CLOSE, 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 12 WELL CLOSE). 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 12 WELL CLOSE?

12 WELL CLOSE is located in NORTHWAY, in the GL20 postcode district. The below map shows the position of No. 12 on WELL CLOSE.