FOSSEWAY, NORTH ROAD EAST, THE REDDINGS, CHELTENHAM, GL51 6RE - £535,000

FOSSEWAY is a large detached house of 143m², built sometime between 1991 and 1995. It was last sold for £535,000 in May 2018, which was around 14% above the average May 2018 detached price in the Cheltenham local authority area. The most recent EPC inspection was January 2018, where the current energy rating was C, and the potential energy rating was B.

FOSSEWAY Sold Prices

Land registry data shows four sales for FOSSEWAY 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 FOSSEWAY 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 11 MAY	£535,000	£470,101	14% above HPI
2006 9 JUN	£340,000	£316,112	8% above HPI
1998 6 APR	£148,000	£126,165	17% above HPI
1997 14 FEB	£149,995	£109,476	37% above HPI

FOSSEWAY 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 FOSSEWAY sales between February 1997 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 June 2006 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the May 2018 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is FOSSEWAY?

FOSSEWAY is 143m² according to the EPC inspection conducted in January 2018. This puts it in the largest 40% of detached houses in Cheltenham, based on EPC data. The below chart shows the distribution of detached houses by size in Cheltenham, and where FOSSEWAY lies on this distribution: 63% of detached houses are smaller than FOSSEWAY, and 36% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

FOSSEWAY: Plot and Title Map

FOSSEWAY sits on a plot of roughly 0.120 of an acre, or 486m². The below map shows the location of FOSSEWAY, 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 FOSSEWAY). 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 FOSSEWAY?

FOSSEWAY is located on NORTH ROAD EAST in THE REDDINGS, in the GL51 postcode district. The below map shows the position of FOSSEWAY on NORTH ROAD EAST.