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 CHAVENAGE LANE is a very small extended detached house of 80m², built sometime before 1900. It was last sold for £355,000 in March 2020, which was around 39% below the average March 2020 detached price in the Cotswold local authority area. The most recent EPC inspection was August 2015, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 2 CHAVENAGE LANE since 1st 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 2 CHAVENAGE LANE 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 |
---|---|---|---|
2020 30 MAR | £355,000 | £583,931 | 39% below HPI |
2015 16 OCT | £314,000 | £497,208 | 37% below HPI |
2014 28 FEB | £130,000 | £435,230 | 70% below HPI |
The below graph shows the average detached house price in the Cotswold local authority area over time, sourced from the HPI. The three 2 CHAVENAGE LANE sales between February 2014 and March 2020 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 October 2015 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the March 2020 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.
2 CHAVENAGE LANE is 80m², which includes one extension, according to the EPC inspection conducted in August 2015. This puts it in the smallest 10% of detached houses in Tetbury, based on EPC data. The below chart shows the distribution of detached houses by size in Tetbury, and where 2 CHAVENAGE LANE lies on this distribution: 9% of detached houses are smaller than 2 CHAVENAGE LANE, and 91% of houses are larger. Note that EPC data is not available for all properties in Tetbury.
2 CHAVENAGE LANE sits on a plot of roughly 0.046 of an acre, or 186m². The below map shows the location of 2 CHAVENAGE LANE, 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 CHAVENAGE LANE). 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.
2 CHAVENAGE LANE is located in TETBURY, in the GL8 postcode district. The below map shows the position of No. 2 on CHAVENAGE LANE.