2, BILLINGS WAY, CHELTENHAM, GL50 2RD - £640,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 BILLINGS WAY is a very large extended detached house of 186m², built sometime between 1983 and 1990. It was last sold for £640,000 in May 2013, which was around 83% above the average May 2013 detached price in the Cheltenham local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was C.

2 BILLINGS WAY Sold Prices

Land registry data shows two sales for 2 BILLINGS WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cheltenham local authority area for the corresponding sale date. Both of the two 2 BILLINGS WAY 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
2013 15 MAY	£640,000	£349,160	83% above HPI
2006 2 JUN	£600,000	£316,112	90% above HPI

2 BILLINGS WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cheltenham local authority area over time, sourced from the HPI. The two 2 BILLINGS WAY sales from June 2006 and May 2013 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 June 2006 sale was for 90% above the HPI. So the extrapolation line tracks at 90% above the HPI over time, until the May 2013 sale, where it falls to 83% above the HPI. The line then continues to track at 83% above the HPI.

How Large is 2 BILLINGS WAY?

2 BILLINGS WAY is 186m², which includes two extensions, according to the EPC inspection conducted in July 2012. This puts it in the largest 20% of detached houses in Cheltenham, based on EPC data. The below chart shows the distribution of detached houses by size in Cheltenham, and where 2 BILLINGS WAY lies on this distribution: 83% of detached houses are smaller than 2 BILLINGS WAY, and 17% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

2 BILLINGS WAY: Plot and Title Map

2 BILLINGS WAY sits on a plot of roughly 0.180 of an acre, or 730m². The below map shows the location of 2 BILLINGS 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 2 BILLINGS 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 2 BILLINGS WAY?

2 BILLINGS WAY is located in CHELTENHAM, in the GL50 postcode district. The below map shows the position of No. 2 on BILLINGS WAY.