2, MERCIA ROAD, WINCHCOMBE, CHELTENHAM, GL54 5QD - £373,000

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

2 MERCIA ROAD is a large extended detached house of 136m², built sometime between 1967 and 1975. It was last sold for £373,000 in November 2018, which was around 12% below the average November 2018 detached price in the Tewkesbury local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was C.

2 MERCIA ROAD Sold Prices

Land registry data shows two sales for 2 MERCIA 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 Tewkesbury local authority area for the corresponding sale date. Both of the two 2 MERCIA 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
2018 30 NOV	£373,000	£422,692	12% below HPI
2003 9 APR	£215,000	£248,964	14% below HPI

2 MERCIA ROAD 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 2 MERCIA ROAD sales from April 2003 and November 2018 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 April 2003 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the November 2018 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 2 MERCIA ROAD?

2 MERCIA ROAD is 136m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the largest 40% of detached houses in Winchcombe, based on EPC data. The below chart shows the distribution of detached houses by size in Winchcombe, and where 2 MERCIA ROAD lies on this distribution: 61% of detached houses are smaller than 2 MERCIA ROAD, and 38% of houses are larger. Note that EPC data is not available for all properties in Winchcombe.

2 MERCIA ROAD: Plot and Title Map

2 MERCIA ROAD sits on a plot of roughly 0.197 of an acre, or 799m². The below map shows the location of 2 MERCIA 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 MERCIA 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 MERCIA ROAD?

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