2, PENNYLANDS WAY, WINCHCOMBE, CHELTENHAM, GL54 5GB - £497,500

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 PENNYLANDS WAY is a midsized detached house of 134m², which could now be worth an estimated £614,448. It was last sold for £497,500 in July 2018, which was around 21% above the average July 2018 detached price in the Tewkesbury local authority area. The most recent EPC inspection was May 2015, where the current energy rating was B, and the potential energy rating was A.

2 PENNYLANDS WAY Sold Prices

Land registry data shows two sales for 2 PENNYLANDS 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 Tewkesbury local authority area for the corresponding sale date. Both of the two 2 PENNYLANDS 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
2018 27 JUL	£497,500	£411,540	21% above HPI
2015 12 JUN	£450,000	£329,636	37% above HPI

2 PENNYLANDS WAY 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 PENNYLANDS WAY sales from June 2015 and July 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 June 2015 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the July 2018 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 2 PENNYLANDS WAY be worth now?

2 PENNYLANDS WAY might now be worth an estimated £614,448.

This is based on house price inflation of 23.5%, between July 2018 and February 2025, for 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 23.5% inflationary increase is applied to the most recent sale price for 2 PENNYLANDS WAY of £497,500 on 27th July 2018. For the value to have increased from £497,500 to £614,448 over the seven years and five months to February 2025, the following assumptions must hold true:

• The value of 2 PENNYLANDS WAY has moved in line with the HPI for detached houses in the Tewkesbury local authority area.
• The July 2018 sale price of £497,500 represented a fair market value for the property.
• The size, condition, and specification of 2 PENNYLANDS WAY has not materially changed since July 2018.

How Large is 2 PENNYLANDS WAY?

2 PENNYLANDS WAY is 134m² according to the EPC inspection conducted in May 2015. This puts it in the largest 50% of detached houses houses in Winchcombe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Winchcombe, and where 2 PENNYLANDS WAY lies on this distribution: 57% of detached houses houses are smaller than 2 PENNYLANDS WAY, and 40% of houses are larger. Note that EPC data is not available for all properties in Winchcombe.

2 PENNYLANDS WAY: Plot and Title Map

2 PENNYLANDS WAY sits on a plot of roughly 0.097 of an acre, or 392m². The below map shows the location of 2 PENNYLANDS 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 PENNYLANDS 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 PENNYLANDS WAY?

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