2, ROWAN WAY, UP HATHERLEY, CHELTENHAM, GL51 3YF - £280,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 ROWAN WAY is a very small detached house of 71m², built sometime between 1983 and 1990, which could now be worth an estimated £396,544. It was last sold for £280,000 in April 2016, which was around 37% below the average April 2016 detached price in the Cheltenham local authority area. The most recent EPC inspection was June 2015, where the current energy rating was C, and the potential energy rating was B.

2 ROWAN WAY Sold Prices

Land registry data shows three sales for 2 ROWAN WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cheltenham local authority area for the corresponding sale date. All of the three 2 ROWAN WAY 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
2016 5 APR	£280,000	£445,357	37% below HPI
2004 2 FEB	£178,000	£289,997	39% below HPI
1998 19 MAY	£92,000	£132,484	31% below HPI

2 ROWAN WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cheltenham local authority area over time, sourced from the HPI. The three 2 ROWAN WAY sales between May 1998 and April 2016 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 February 2004 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the April 2016 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 2 ROWAN WAY be worth now?

2 ROWAN WAY might now be worth an estimated £396,544.

This is based on house price inflation of 41.6%, between April 2016 and February 2025, for detached houses, in the Cheltenham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 41.6% inflationary increase is applied to the most recent sale price for 2 ROWAN WAY of £280,000 on 5th April 2016. For the value to have increased from £280,000 to £396,544 over the nine years and two months to February 2025, the following assumptions must hold true:

• The value of 2 ROWAN WAY has moved in line with the HPI for detached houses in the Cheltenham local authority area.
• The April 2016 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ROWAN WAY has not materially changed since April 2016.

How Large is 2 ROWAN WAY?

2 ROWAN WAY is 71m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 10% of detached houses houses in Cheltenham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cheltenham, and where 2 ROWAN WAY lies on this distribution: 6% of detached houses houses are smaller than 2 ROWAN WAY, and 94% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

2 ROWAN WAY: Plot and Title Map

2 ROWAN WAY sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 2 ROWAN 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 ROWAN 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 ROWAN WAY?

2 ROWAN WAY is located in UP HATHERLEY, in the GL51 postcode district. The below map shows the position of No. 2 on ROWAN WAY.