28, WRIGHT ROAD, UPPER RISSINGTON, CHELTENHAM, GL54 2NP - £204,000

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.

28 WRIGHT ROAD is a very small extended terraced house of 80m², built sometime between 1950 and 1966, which could now be worth an estimated £234,067. It was last sold for £204,000 in May 2019, which was around 27% below the average May 2019 terraced price in the Cotswold local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

28 WRIGHT ROAD Sold Prices

Land registry data shows seven sales for 28 WRIGHT ROAD since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average terraced price in the Cotswold local authority area for the corresponding sale date. All of the seven 28 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
2019 24 MAY	£204,000	£277,869	27% below HPI
2014 15 AUG	£175,000	£235,975	26% below HPI
2008 28 FEB	£179,000	£217,402	18% below HPI
2007 28 FEB	£177,500	£207,911	15% below HPI
2006 28 FEB	£160,500	£194,421	17% below HPI
2003 17 FEB	£120,000	£141,971	15% below HPI
1997 17 OCT	£52,500	£69,914	25% below HPI

28 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 seven 28 WRIGHT ROAD sales between October 1997 and May 2019 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 August 2014 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the May 2019 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 28 WRIGHT ROAD be worth now?

28 WRIGHT ROAD might now be worth an estimated £234,067.

This is based on house price inflation of 14.7%, between May 2019 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 14.7% inflationary increase is applied to the most recent sale price for 28 WRIGHT ROAD of £204,000 on 24th May 2019. For the value to have increased from £204,000 to £234,067 over the seven years and one month to April 2026, the following assumptions must hold true:

• The value of 28 WRIGHT ROAD has moved in line with the HPI for terraced houses in the Cotswold local authority area.
• The May 2019 sale price of £204,000 represented a fair market value for the property.
• The size, condition, and specification of 28 WRIGHT ROAD has not materially changed since May 2019.

How Large is 28 WRIGHT ROAD?

28 WRIGHT ROAD is 80m², which includes one extension, according to the EPC inspection conducted in January 2014. 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 28 WRIGHT ROAD lies on this distribution: 1% of terraced houses houses are smaller than 28 WRIGHT ROAD, and 99% of houses are larger. Note that EPC data is not available for all properties in Upper Rissington.

28 WRIGHT ROAD: Plot and Title Map

28 WRIGHT ROAD sits on a plot of roughly 0.042 of an acre, or 168m². The below map shows the location of 28 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 28 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 28 WRIGHT ROAD?

28 WRIGHT ROAD is located in UPPER RISSINGTON, in the GL54 postcode district. The below map shows the position of No. 28 on WRIGHT ROAD.