22, WRIGHT ROAD, UPPER RISSINGTON, CHELTENHAM, GL54 2NP - £225,000

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.

22 WRIGHT ROAD is a very small terraced house of 86m², built sometime between 1950 and 1966, which could now be worth an estimated £262,412. It was last sold for £225,000 in October 2018, which was around 18% below the average October 2018 terraced price in the Cotswold local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was A.

22 WRIGHT ROAD Sold Prices

Land registry data shows three sales for 22 WRIGHT ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Cotswold local authority area for the corresponding sale date. All of the three 22 WRIGHT ROAD 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
2018 1 OCT	£225,000	£273,369	18% below HPI
2018 20 JUN	£230,000	£257,970	11% below HPI
1998 9 JAN	£63,950	£74,036	14% below HPI

22 WRIGHT ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Cotswold local authority area over time, sourced from the HPI. The three 22 WRIGHT ROAD sales between January 1998 and October 2018 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 June 2018 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the October 2018 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 22 WRIGHT ROAD be worth now?

22 WRIGHT ROAD might now be worth an estimated £262,412.

This is based on house price inflation of 16.6%, between October 2018 and April 2026, for terraced 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 16.6% inflationary increase is applied to the most recent sale price for 22 WRIGHT ROAD of £225,000 on 1st October 2018. For the value to have increased from £225,000 to £262,412 over the eight years and six months to April 2026, the following assumptions must hold true:

• The value of 22 WRIGHT ROAD has moved in line with the HPI for terraced houses in the Cotswold local authority area.
• The October 2018 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 22 WRIGHT ROAD has not materially changed since October 2018.

How Large is 22 WRIGHT ROAD?

22 WRIGHT ROAD is 86m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 10% of terraced houses houses in Upper Rissington, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Upper Rissington, and where 22 WRIGHT ROAD lies on this distribution: 2% of terraced houses houses are smaller than 22 WRIGHT ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Upper Rissington.

22 WRIGHT ROAD: Plot and Title Map

22 WRIGHT ROAD sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 22 WRIGHT 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 22 WRIGHT 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 22 WRIGHT ROAD?

22 WRIGHT ROAD is located in UPPER RISSINGTON, in the GL54 postcode district. The below map shows the position of No. 22 on WRIGHT ROAD.