1, KINGS ELM, NORTON, GLOUCESTER, GL2 9LZ - £438,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 KINGS ELM is a very small detached house of 107m², built sometime between 1983 and 1990. It was last sold for £438,500 in May 2024, which was around 18% below the average May 2024 detached price in the Tewkesbury local authority area. The most recent EPC inspection was July 2014, where the current energy rating was C, and the potential energy rating was B.

1 KINGS ELM Sold Prices

Land registry data shows five sales for 1 KINGS ELM since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Tewkesbury local authority area for the corresponding sale date. Most of the five 1 KINGS ELM 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
2024 31 MAY	£438,500	£534,953	18% below HPI
2018 16 MAY	£320,000	£414,455	23% below HPI
1999 21 JUL	£127,000	£132,325	4% below HPI
1995 1 SEP	£110,000	£96,817	14% above HPI
1995 23 MAY	£115,000	£94,579	22% above HPI

1 KINGS ELM 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 five 1 KINGS ELM sales between May 1995 and May 2024 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 2018 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the May 2024 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 1 KINGS ELM?

1 KINGS ELM is 107m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 20% of detached houses in Norton, based on EPC data. The below chart shows the distribution of detached houses by size in Norton, and where 1 KINGS ELM lies on this distribution: 15% of detached houses are smaller than 1 KINGS ELM, and 85% of houses are larger. Note that EPC data is not available for all properties in Norton.

1 KINGS ELM: Plot and Title Map

1 KINGS ELM sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 1 KINGS ELM, 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 1 KINGS ELM). 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 1 KINGS ELM?

1 KINGS ELM is located in NORTON, in the GL2 postcode district. The below map shows the position of No. 1 on KINGS ELM.