2, GRAVENEY ROAD, NORTHLEACH, CHELTENHAM, GL54 3RN - £320,000

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 GRAVENEY ROAD is a very small detached house of 77m², built sometime between 1983 and 1990. It was last sold for £320,000 in June 2021, which was around 47% below the average June 2021 detached price in the Cotswold local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.

2 GRAVENEY ROAD Sold Prices

Land registry data shows two sales for 2 GRAVENEY ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cotswold local authority area for the corresponding sale date. Both of the two 2 GRAVENEY ROAD 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
2021 18 JUN	£320,000	£608,319	47% below HPI
2017 18 DEC	£300,000	£549,344	45% below HPI

2 GRAVENEY ROAD 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 two 2 GRAVENEY ROAD sales from December 2017 and June 2021 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 2017 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the June 2021 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 2 GRAVENEY ROAD?

2 GRAVENEY ROAD is 77m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 20% of detached houses in Northleach, based on EPC data. The below chart shows the distribution of detached houses by size in Northleach, and where 2 GRAVENEY ROAD lies on this distribution: 10% of detached houses are smaller than 2 GRAVENEY ROAD, and 88% of houses are larger. Note that EPC data is not available for all properties in Northleach.

2 GRAVENEY ROAD: Plot and Title Map

2 GRAVENEY ROAD sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 2 GRAVENEY ROAD, 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 GRAVENEY ROAD). 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 GRAVENEY ROAD?

2 GRAVENEY ROAD is located in NORTHLEACH, in the GL54 postcode district. The below map shows the position of No. 2 on GRAVENEY ROAD.