1, THE PIECE, CHURCHDOWN, GLOUCESTER, GL3 2EX - £310,000

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 THE PIECE is a large detached house of 130m², built sometime between 1950 and 1966. It was last sold for £310,000 in March 2014, which was around 5% below the average March 2014 detached price in the Tewkesbury local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was C.

1 THE PIECE Sold Prices

Land registry data shows three sales for 1 THE PIECE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Tewkesbury local authority area for the corresponding sale date. All of the three 1 THE PIECE 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
2014 7 MAR	£310,000	£325,841	5% below HPI
2006 12 JAN	£278,500	£284,967	2% below HPI
2002 8 NOV	£199,000	£241,346	18% below HPI

1 THE PIECE 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 three 1 THE PIECE sales between November 2002 and March 2014 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 January 2006 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the March 2014 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 1 THE PIECE?

1 THE PIECE is 130m² according to the EPC inspection conducted in June 2012. This puts it in the largest 40% of detached houses in Churchdown, based on EPC data. The below chart shows the distribution of detached houses by size in Churchdown, and where 1 THE PIECE lies on this distribution: 66% of detached houses are smaller than 1 THE PIECE, and 34% of houses are larger. Note that EPC data is not available for all properties in Churchdown.

1 THE PIECE: Plot and Title Map

1 THE PIECE sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 1 THE PIECE, 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 PIECE). 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 PIECE?

1 THE PIECE is located in CHURCHDOWN, in the GL3 postcode district. The below map shows the position of No. 1 on THE PIECE.