BROADREACH, SHUTTER LANE, GOTHERINGTON, CHELTENHAM, GL52 9EZ - £500,000

BROADREACH is a small extended detached house of 138m², built sometime between 1950 and 1966. It was last sold for £500,000 in August 2017, which was around 23% above the average August 2017 detached price in the Tewkesbury local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was C.

BROADREACH Sold Prices

Land registry data shows two sales for BROADREACH since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Tewkesbury local authority area for the corresponding sale date. Both of the two BROADREACH 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
2017 25 AUG	£500,000	£407,700	23% above HPI
2002 31 MAY	£242,000	£203,453	19% above HPI

BROADREACH Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tewkesbury local authority area over time, sourced from the HPI. The two BROADREACH sales from May 2002 and August 2017 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 May 2002 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the August 2017 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is BROADREACH?

BROADREACH is 138m², which includes two extensions, according to the EPC inspection conducted in April 2017. This puts it in the smallest 40% of detached houses in Gotherington, based on EPC data. The below chart shows the distribution of detached houses by size in Gotherington, and where BROADREACH lies on this distribution: 36% of detached houses are smaller than BROADREACH, and 63% of houses are larger. Note that EPC data is not available for all properties in Gotherington.

BROADREACH: Plot and Title Map

BROADREACH sits on a plot of roughly 0.132 of an acre, or 534m². The below map shows the location of BROADREACH, 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 BROADREACH). 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 BROADREACH?

BROADREACH is located on SHUTTER LANE in GOTHERINGTON, in the GL52 postcode district. The below map shows the position of BROADREACH on SHUTTER LANE.