1, THE HIVE, SHIPTON OLIFFE, CHELTENHAM, GL54 4HW - £670,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 THE HIVE is a very small extended detached house of 92m², built sometime between 1996 and 2002, which could now be worth an estimated £714,463. It was last sold for £670,000 in October 2021, which was around 3% above the average October 2021 detached price in the Cotswold local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was C.

1 THE HIVE Sold Prices

Land registry data shows two sales for 1 THE HIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cotswold local authority area for the corresponding sale date. Both of the two 1 THE HIVE 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
2021 12 OCT	£670,000	£650,443	3% above HPI
2009 18 DEC	£399,950	£388,342	3% above HPI

1 THE HIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cotswold local authority area over time, sourced from the HPI. The two 1 THE HIVE sales from December 2009 and October 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 December 2009 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the October 2021 sale, which was also at 3% above the HPI.

What might 1 THE HIVE be worth now?

1 THE HIVE might now be worth an estimated £714,463.

This is based on house price inflation of 6.6%, between October 2021 and February 2025, for detached houses, in the Cotswold local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.6% inflationary increase is applied to the most recent sale price for 1 THE HIVE of £670,000 on 12th October 2021. For the value to have increased from £670,000 to £714,463 over the four years and eight months to February 2025, the following assumptions must hold true:

• The value of 1 THE HIVE has moved in line with the HPI for detached houses in the Cotswold local authority area.
• The October 2021 sale price of £670,000 represented a fair market value for the property.
• The size, condition, and specification of 1 THE HIVE has not materially changed since October 2021.

How Large is 1 THE HIVE?

1 THE HIVE is 92m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the smallest 10% of detached houses houses in Shipton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shipton, and where 1 THE HIVE lies on this distribution: 5% of detached houses houses are smaller than 1 THE HIVE, and 95% of houses are larger. Note that EPC data is not available for all properties in Shipton.

1 THE HIVE: Plot and Title Map

1 THE HIVE sits on a plot of roughly 0.083 of an acre, or 334m². The below map shows the location of 1 THE HIVE, 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 THE HIVE). 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 THE HIVE?

1 THE HIVE is located in SHIPTON OLIFFE, in the GL54 postcode district. The below map shows the position of No. 1 on THE HIVE.