15, PRIORY WAY, TETBURY, GL8 8HT - £545,000

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

15 PRIORY WAY is a very small extended detached house of 93m², built sometime between 1976 and 1982. It was last sold for £545,000 in October 2023, which was around 28% below the average October 2023 detached price in the Cotswold local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was B.

15 PRIORY WAY Sold Prices

Land registry data shows three sales for 15 PRIORY WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cotswold local authority area for the corresponding sale date. All of the three 15 PRIORY WAY 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 6 OCT	£545,000	£752,642	28% below HPI
2017 26 JAN	£415,000	£521,993	20% below HPI
1997 20 JUN	£89,500	£147,167	39% below HPI

15 PRIORY WAY 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 three 15 PRIORY WAY sales between June 1997 and October 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 January 2017 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the October 2023 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 15 PRIORY WAY?

15 PRIORY WAY is 93m², which includes one extension, according to the EPC inspection conducted in June 2023. This puts it in the smallest 20% of detached houses in Tetbury, based on EPC data. The below chart shows the distribution of detached houses by size in Tetbury, and where 15 PRIORY WAY lies on this distribution: 17% of detached houses are smaller than 15 PRIORY WAY, and 82% of houses are larger. Note that EPC data is not available for all properties in Tetbury.

15 PRIORY WAY: Plot and Title Map

15 PRIORY WAY sits on a plot of roughly 0.129 of an acre, or 520m². The below map shows the location of 15 PRIORY WAY, 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 15 PRIORY WAY). 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 15 PRIORY WAY?

15 PRIORY WAY is located in TETBURY, in the GL8 postcode district. The below map shows the position of No. 15 on PRIORY WAY.