12, WELL CLOSE, NORTHWAY, TEWKESBURY, GL20 8RS - £300,000

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

12 WELL CLOSE is a small extended detached house of 78m², built sometime between 1976 and 1982. It was last sold for £300,000 in May 2023, which was around 42% below the average May 2023 detached price in the Tewkesbury local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was C.

12 WELL CLOSE Sold Prices

Land registry data shows two sales for 12 WELL CLOSE 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. Both of the two 12 WELL CLOSE 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
2023 26 MAY	£300,000	£519,420	42% below HPI
2012 28 DEC	£169,000	£300,366	44% below HPI

12 WELL CLOSE 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 12 WELL CLOSE sales from December 2012 and May 2023 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 2012 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the May 2023 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 12 WELL CLOSE?

12 WELL CLOSE is 78m², which includes three extensions, according to the EPC inspection conducted in July 2022. This puts it in the smallest 40% of detached houses in Northway, based on EPC data. The below chart shows the distribution of detached houses by size in Northway, and where 12 WELL CLOSE lies on this distribution: 30% of detached houses are smaller than 12 WELL CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Northway.

12 WELL CLOSE: Plot and Title Map

12 WELL CLOSE sits on a plot of roughly 0.048 of an acre, or 195m². The below map shows the location of 12 WELL CLOSE, 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 12 WELL CLOSE). 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 12 WELL CLOSE?

12 WELL CLOSE is located in NORTHWAY, in the GL20 postcode district. The below map shows the position of No. 12 on WELL CLOSE.