PICKETT MEAD, SILK MILL LANE, WINCHCOMBE, CHELTENHAM, GL54 5HZ - £460,000

PICKETT MEAD is a very small extended detached house of 87m², built sometime between 1950 and 1966. It was last sold for £460,000 in October 2020, which was around 2% above the average October 2020 detached price in the Tewkesbury local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

PICKETT MEAD Sold Prices

Land registry data shows six sales for PICKETT MEAD since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Tewkesbury local authority area for the corresponding sale date. Most of the six PICKETT MEAD 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
2020 19 OCT	£460,000	£449,819	2% above HPI
2015 12 FEB	£275,000	£351,916	22% below HPI
2008 8 AUG	£260,000	£306,618	15% below HPI
2008 31 JUL	£264,950	£304,706	13% below HPI
2005 13 JUL	£243,500	£283,216	14% below HPI
2002 31 JAN	£153,000	£186,768	18% below HPI

PICKETT MEAD 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 six PICKETT MEAD sales between January 2002 and October 2020 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 February 2015 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the October 2020 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is PICKETT MEAD?

PICKETT MEAD is 87m², which includes two extensions, according to the EPC inspection conducted in June 2020. This puts it in the smallest 20% of detached houses in Winchcombe, based on EPC data. The below chart shows the distribution of detached houses by size in Winchcombe, and where PICKETT MEAD lies on this distribution: 15% of detached houses are smaller than PICKETT MEAD, and 85% of houses are larger. Note that EPC data is not available for all properties in Winchcombe.

PICKETT MEAD: Plot and Title Map

PICKETT MEAD sits on a plot of roughly 0.050 of an acre, or 204m². The below map shows the location of PICKETT MEAD, 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 PICKETT MEAD). 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 PICKETT MEAD?

PICKETT MEAD is located on SILK MILL LANE in WINCHCOMBE, in the GL54 postcode district. The below map shows the position of PICKETT MEAD on SILK MILL LANE.