8, REDWING CLOSE, WALTON CARDIFF, TEWKESBURY, GL20 7SJ - £161,250

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.

8 REDWING CLOSE is a very small terraced house of 80m², built sometime between 1996 and 2002, which could now be worth an estimated £220,999. It was last sold for £161,250 in May 2018, which was around 14% below the average May 2018 terraced price in the Tewkesbury local authority area. The most recent EPC inspection was October 2017, where the current energy rating was C, and the potential energy rating was B.

8 REDWING CLOSE Sold Prices

Land registry data shows three sales for 8 REDWING CLOSE 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. Two of the three 8 REDWING CLOSE sales were for below the average price, whilst one was 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 11 MAY	£161,250	£187,473	14% below HPI
2005 17 MAR	£82,500	£132,114	38% below HPI
2003 30 JUN	£120,000	£106,948	12% above HPI

8 REDWING CLOSE 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 8 REDWING CLOSE sales between June 2003 and May 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 March 2005 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the May 2018 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 8 REDWING CLOSE be worth now?

8 REDWING CLOSE might now be worth an estimated £220,999.

This is based on house price inflation of 37.1%, between May 2018 and October 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 37.1% inflationary increase is applied to the most recent sale price for 8 REDWING CLOSE of £161,250 on 11th May 2018. For the value to have increased from £161,250 to £220,999 over the six years and seven months to October 2025, the following assumptions must hold true:

• The value of 8 REDWING CLOSE has moved in line with the HPI for terraced houses in the Tewkesbury local authority area.
• The May 2018 sale price of £161,250 represented a fair market value for the property.
• The size, condition, and specification of 8 REDWING CLOSE has not materially changed since May 2018.

How Large is 8 REDWING CLOSE?

8 REDWING CLOSE is 80m² according to the EPC inspection conducted in October 2017. This puts it in the smallest 10% of terraced houses houses in Tewkesbury, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Tewkesbury, and where 8 REDWING CLOSE lies on this distribution: 9% of terraced houses houses are smaller than 8 REDWING CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Tewkesbury.

8 REDWING CLOSE: Plot and Title Map

8 REDWING CLOSE sits on a plot of roughly 0.043 of an acre, or 172m². The below map shows the location of 8 REDWING CLOSE, 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 8 REDWING CLOSE). 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 8 REDWING CLOSE?

8 REDWING CLOSE is located in WALTON CARDIFF, in the GL20 postcode district. The below map shows the position of No. 8 on REDWING CLOSE.