2, SILK MILL COURT, SILK MILL LANE, WINCHCOMBE, CHELTENHAM, GL54 5HZ - £310,000

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 SILK MILL COURT is a midsized extended terraced house of 133m², built sometime between 1976 and 1982, which could now be worth an estimated £400,167. It was last sold for £310,000 in August 2020, which was around 54% above the average August 2020 terraced price in the Tewkesbury local authority area. The most recent EPC inspection was June 2020, where the current energy rating was E, and the potential energy rating was C.

2 SILK MILL COURT Sold Prices

Land registry data shows three sales for 2 SILK MILL COURT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Tewkesbury local authority area for the corresponding sale date. All of the three 2 SILK MILL COURT 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
2020 26 AUG	£310,000	£201,951	54% above HPI
2011 23 FEB	£295,000	£139,092	112% above HPI
2007 1 JUN	£334,000	£150,499	122% above HPI

2 SILK MILL COURT Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Tewkesbury local authority area over time, sourced from the HPI. The three 2 SILK MILL COURT sales between June 2007 and August 2020 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 February 2011 sale was for 112% above the HPI. So the extrapolation line tracks at 112% above the HPI over time, until the August 2020 sale, where it falls to 54% above the HPI. The line then continues to track at 54% above the HPI.

What might 2 SILK MILL COURT be worth now?

2 SILK MILL COURT might now be worth an estimated £400,167.

This is based on house price inflation of 29.1%, between August 2020 and August 2025, for terraced 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 29.1% inflationary increase is applied to the most recent sale price for 2 SILK MILL COURT of £310,000 on 26th August 2020. For the value to have increased from £310,000 to £400,167 over the five years to August 2025, the following assumptions must hold true:

• The value of 2 SILK MILL COURT has moved in line with the HPI for terraced houses in the Tewkesbury local authority area.
• The August 2020 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SILK MILL COURT has not materially changed since August 2020.

How Large is 2 SILK MILL COURT?

2 SILK MILL COURT is 133m², which includes two extensions, according to the EPC inspection conducted in June 2020. This puts it in the largest 50% of terraced houses houses in Winchcombe, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Winchcombe, and where 2 SILK MILL COURT lies on this distribution: 57% of terraced houses houses are smaller than 2 SILK MILL COURT, and 43% of houses are larger. Note that EPC data is not available for all properties in Winchcombe.

2 SILK MILL COURT: Plot and Title Map

2 SILK MILL COURT sits on a plot of roughly 0.525 of an acre, or 2,125m². The below map shows the location of 2 SILK MILL COURT, 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 SILK MILL COURT). 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 SILK MILL COURT?

2 SILK MILL COURT is located on SILK MILL LANE in WINCHCOMBE, in the GL54 postcode district. The below map shows the position of 2 SILK MILL COURT on SILK MILL LANE.