2, CHERRY ORCHARD ROAD, TETBURY, GL8 8HX - £298,000

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.

2 CHERRY ORCHARD ROAD is a very small semi-detached house of 93m², built sometime between 1976 and 1982, which could now be worth an estimated £447,704. It was last sold for £298,000 in March 2015, which was around 11% above the average March 2015 semi-detached price in the Cotswold local authority area. The most recent EPC inspection was November 2014, where the current energy rating was C, and the potential energy rating was B.

2 CHERRY ORCHARD ROAD Sold Prices

Land registry data shows two sales for 2 CHERRY ORCHARD ROAD 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 2 CHERRY ORCHARD ROAD 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
2015 9 MAR	£298,000	£268,657	11% above HPI
2007 27 SEP	£264,000	£246,414	7% above HPI

2 CHERRY ORCHARD ROAD 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 2 CHERRY ORCHARD ROAD sales from September 2007 and March 2015 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 September 2007 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the March 2015 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 2 CHERRY ORCHARD ROAD be worth now?

2 CHERRY ORCHARD ROAD might now be worth an estimated £447,704.

This is based on house price inflation of 50.2%, between March 2015 and March 2025, 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 50.2% inflationary increase is applied to the most recent sale price for 2 CHERRY ORCHARD ROAD of £298,000 on 9th March 2015. For the value to have increased from £298,000 to £447,704 over the ten years to March 2025, the following assumptions must hold true:

• The value of 2 CHERRY ORCHARD ROAD has moved in line with the HPI for semi-detached houses in the Cotswold local authority area.
• The March 2015 sale price of £298,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CHERRY ORCHARD ROAD has not materially changed since March 2015.

How Large is 2 CHERRY ORCHARD ROAD?

2 CHERRY ORCHARD ROAD is 93m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 20% of semi-detached houses houses in Tetbury, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Tetbury, and where 2 CHERRY ORCHARD ROAD lies on this distribution: 17% of semi-detached houses houses are smaller than 2 CHERRY ORCHARD ROAD, and 83% of houses are larger. Note that EPC data is not available for all properties in Tetbury.

2 CHERRY ORCHARD ROAD: Plot and Title Map

2 CHERRY ORCHARD ROAD sits on a plot of roughly 0.100 of an acre, or 403m². The below map shows the location of 2 CHERRY ORCHARD ROAD, 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 2 CHERRY ORCHARD ROAD). 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 2 CHERRY ORCHARD ROAD?

2 CHERRY ORCHARD ROAD is located in TETBURY, in the GL8 postcode district. The below map shows the position of No. 2 on CHERRY ORCHARD ROAD.