7, BILLINGS WAY, CHELTENHAM, GL50 2RD - £840,000

7 BILLINGS WAY is a large extended detached house of 175m², built sometime between 1996 and 2002. It was last sold for £840,000 in June 2018, which was around 74% above the average June 2018 detached price in the Cheltenham local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was C.

7 BILLINGS WAY Sold Prices

Land registry data shows four sales for 7 BILLINGS WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cheltenham local authority area for the corresponding sale date. All of the four 7 BILLINGS WAY 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
2018 7 JUN	£840,000	£484,019	74% above HPI
2005 14 OCT	£500,000	£301,100	66% above HPI
2002 10 OCT	£440,000	£254,332	73% above HPI
2000 22 DEC	£346,000	£184,873	87% above HPI

7 BILLINGS WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cheltenham local authority area over time, sourced from the HPI. The four 7 BILLINGS WAY sales between December 2000 and June 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 October 2005 sale was for 66% above the HPI. So the extrapolation line tracks at 66% above the HPI over time, until the June 2018 sale, where it rises to 74% above the HPI. The line then continues to track at 74% above the HPI.

How Large is 7 BILLINGS WAY?

7 BILLINGS WAY is 175m², which includes one extension, according to the EPC inspection conducted in January 2018. This puts it in the largest 30% of detached houses in Cheltenham, based on EPC data. The below chart shows the distribution of detached houses by size in Cheltenham, and where 7 BILLINGS WAY lies on this distribution: 80% of detached houses are smaller than 7 BILLINGS WAY, and 20% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

7 BILLINGS WAY: Plot and Title Map

7 BILLINGS WAY sits on a plot of roughly 0.122 of an acre, or 494m². The below map shows the location of 7 BILLINGS WAY, 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 7 BILLINGS WAY). 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 7 BILLINGS WAY?

7 BILLINGS WAY is located in CHELTENHAM, in the GL50 postcode district. The below map shows the position of No. 7 on BILLINGS WAY.