18, CRANHAM LANE, CHURCHDOWN, GLOUCESTER, GL3 2NN - £237,000

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.

18 CRANHAM LANE is a small semi-detached house of 90m², built sometime between 1967 and 1975, which could now be worth an estimated £436,174. It was last sold for £237,000 in May 2012, which was around 35% above the average May 2012 semi-detached price in the Tewkesbury local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was C.

18 CRANHAM LANE Sold Prices

Land registry data shows two sales for 18 CRANHAM LANE 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 Tewkesbury local authority area for the corresponding sale date. Both of the two 18 CRANHAM LANE 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
2012 4 MAY	£237,000	£174,982	35% above HPI
2000 12 MAY	£107,000	£80,574	33% above HPI

18 CRANHAM LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Tewkesbury local authority area over time, sourced from the HPI. The two 18 CRANHAM LANE sales from May 2000 and May 2012 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 2000 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the May 2012 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.

What might 18 CRANHAM LANE be worth now?

18 CRANHAM LANE might now be worth an estimated £436,174.

This is based on house price inflation of 84%, between May 2012 and May 2026, for semi-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 84% inflationary increase is applied to the most recent sale price for 18 CRANHAM LANE of £237,000 on 4th May 2012. For the value to have increased from £237,000 to £436,174 over the fourteen years to May 2026, the following assumptions must hold true:

• The value of 18 CRANHAM LANE has moved in line with the HPI for semi-detached houses in the Tewkesbury local authority area.
• The May 2012 sale price of £237,000 represented a fair market value for the property.
• The size, condition, and specification of 18 CRANHAM LANE has not materially changed since May 2012.

How Large is 18 CRANHAM LANE?

18 CRANHAM LANE is 90m² according to the EPC inspection conducted in May 2011. This puts it in the smallest 30% of semi-detached houses houses in Churchdown, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Churchdown, and where 18 CRANHAM LANE lies on this distribution: 20% of semi-detached houses houses are smaller than 18 CRANHAM LANE, and 79% of houses are larger. Note that EPC data is not available for all properties in Churchdown.

18 CRANHAM LANE: Plot and Title Map

18 CRANHAM LANE sits on a plot of roughly 0.117 of an acre, or 473m². The below map shows the location of 18 CRANHAM LANE, 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 18 CRANHAM LANE). 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 18 CRANHAM LANE?

18 CRANHAM LANE is located in CHURCHDOWN, in the GL3 postcode district. The below map shows the position of No. 18 on CRANHAM LANE.