8, TIMPERLEY WAY, UP HATHERLEY, CHELTENHAM, GL51 3RH - £295,000

8 TIMPERLEY WAY is a very small detached house of 70m², built sometime between 1983 and 1990. It was last sold for £295,000 in March 2021, which was around 45% below the average March 2021 detached price in the Cheltenham local authority area. The most recent EPC inspection was February 2016, where the current energy rating was C, and the potential energy rating was B.

8 TIMPERLEY WAY Sold Prices

Land registry data shows two sales for 8 TIMPERLEY WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cheltenham local authority area for the corresponding sale date. Both of the two 8 TIMPERLEY WAY 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
2021 18 MAR	£295,000	£540,472	45% below HPI
2016 14 OCT	£285,000	£442,826	36% below HPI

8 TIMPERLEY 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 two 8 TIMPERLEY WAY sales from October 2016 and March 2021 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 2016 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the March 2021 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 8 TIMPERLEY WAY?

8 TIMPERLEY WAY is 70m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 10% of detached houses in Cheltenham, based on EPC data. The below chart shows the distribution of detached houses by size in Cheltenham, and where 8 TIMPERLEY WAY lies on this distribution: 5% of detached houses are smaller than 8 TIMPERLEY WAY, and 94% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

8 TIMPERLEY WAY: Plot and Title Map

8 TIMPERLEY WAY sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 8 TIMPERLEY 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 8 TIMPERLEY 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 8 TIMPERLEY WAY?

8 TIMPERLEY WAY is located in UP HATHERLEY, in the GL51 postcode district. The below map shows the position of No. 8 on TIMPERLEY WAY.