SPRING HOUSE, GRETTON, CHELTENHAM, GL54 5EP - £700,000

SPRING HOUSE is a midsized detached house of 139m², built in 2021. It was last sold for £700,000 in December 2021, which was around 37% above the average December 2021 detached price in the Tewkesbury local authority area. The most recent EPC inspection was February 2021, where the current energy rating was B, and the potential energy rating was A.

SPRING HOUSE Sold Prices

Land registry data shows two sales for SPRING HOUSE 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. One of the two SPRING HOUSE sales was for above the average price, whilst the other was 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 10 DEC	£700,000	£511,347	37% above HPI
2021 24 MAR	£275,000	£477,756	42% below HPI

SPRING HOUSE 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 SPRING HOUSE sales from March 2021 and December 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 March 2021 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the December 2021 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is SPRING HOUSE?

SPRING HOUSE is 139m² according to the EPC inspection conducted in February 2021. This puts it in the smallest 50% of detached houses in Gretton, based on EPC data. The below chart shows the distribution of detached houses by size in Gretton, and where SPRING HOUSE lies on this distribution: 41% of detached houses are smaller than SPRING HOUSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Gretton.

SPRING HOUSE: Plot and Title Map

SPRING HOUSE sits on a plot of roughly 0.090 of an acre, or 363m². The below map shows the location of SPRING HOUSE, 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 SPRING HOUSE). 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 SPRING HOUSE?

SPRING HOUSE is located in GRETTON, in the GL54 postcode district. The below map shows the position of SPRING HOUSE in GRETTON.