2, MILLWAY, TEWKESBURY ROAD, UCKINGTON, CHELTENHAM, GL51 9SL - £145,250

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 MILLWAY is a very small semi-detached house of 79m², built sometime between 1983 and 1990, which could now be worth an estimated £263,966. It was last sold for £145,250 in April 2008, which was around 19% below the average April 2008 semi-detached price in the Tewkesbury local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was B.

2 MILLWAY Sold Prices

Land registry data shows three sales for 2 MILLWAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Tewkesbury local authority area for the corresponding sale date. All of the three 2 MILLWAY 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
2008 1 APR	£145,250	£180,320	19% below HPI
1999 21 MAY	£58,000	£72,661	20% below HPI
1997 8 JUN	£53,000	£61,637	14% below HPI

2 MILLWAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Tewkesbury local authority area over time, sourced from the HPI. The three 2 MILLWAY sales between June 1997 and April 2008 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 May 1999 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the April 2008 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 2 MILLWAY be worth now?

2 MILLWAY might now be worth an estimated £263,966.

This is based on house price inflation of 81.7%, between April 2008 and December 2024, for semi-detached houses, in the Tewkesbury local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 81.7% inflationary increase is applied to the most recent sale price for 2 MILLWAY of £145,250 on 1st April 2008. For the value to have increased from £145,250 to £263,966 over the fifteen years and four months to December 2024, the following assumptions must hold true:

• The value of 2 MILLWAY has moved in line with the HPI for semi-detached houses in the Tewkesbury local authority area.
• The April 2008 sale price of £145,250 represented a fair market value for the property.
• The size, condition, and specification of 2 MILLWAY has not materially changed since April 2008.

How Large is 2 MILLWAY?

2 MILLWAY is 79m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 10% of semi-detached houses houses in Cheltenham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Cheltenham, and where 2 MILLWAY lies on this distribution: 10% of semi-detached houses houses are smaller than 2 MILLWAY, and 90% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

2 MILLWAY: Plot and Title Map

2 MILLWAY sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of 2 MILLWAY, 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 MILLWAY). 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 MILLWAY?

2 MILLWAY is located on TEWKESBURY ROAD in UCKINGTON, in the GL51 postcode district. The below map shows the position of 2 MILLWAY on TEWKESBURY ROAD.