2, THE FINCHES, GREET, CHELTENHAM, GL54 5NR - £497,500

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 THE FINCHES is a large extended detached house of 169m², built sometime between 2003 and 2006, which could now be worth an estimated £835,709. It was last sold for £497,500 in February 2014, which was around 64% above the average February 2014 detached price in the Tewkesbury local authority area. The most recent EPC inspection was May 2011, where the current energy rating was C, and the potential energy rating was C.

2 THE FINCHES Sold Prices

Land registry data shows three sales for 2 THE FINCHES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Tewkesbury local authority area for the corresponding sale date. All of the three 2 THE FINCHES 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
2014 7 FEB	£497,500	£302,581	64% above HPI
2011 30 NOV	£442,500	£279,371	58% above HPI
2007 26 JAN	£495,500	£282,627	75% above HPI

2 THE FINCHES 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 three 2 THE FINCHES sales between January 2007 and February 2014 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 November 2011 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the February 2014 sale, where it rises to 64% above the HPI. The line then continues to track at 64% above the HPI.

What might 2 THE FINCHES be worth now?

2 THE FINCHES might now be worth an estimated £835,709.

This is based on house price inflation of 68%, between February 2014 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 68% inflationary increase is applied to the most recent sale price for 2 THE FINCHES of £497,500 on 7th February 2014. For the value to have increased from £497,500 to £835,709 over the eleven years to February 2025, the following assumptions must hold true:

• The value of 2 THE FINCHES has moved in line with the HPI for detached houses in the Tewkesbury local authority area.
• The February 2014 sale price of £497,500 represented a fair market value for the property.
• The size, condition, and specification of 2 THE FINCHES has not materially changed since February 2014.

How Large is 2 THE FINCHES?

2 THE FINCHES is 169m², which includes two extensions, according to the EPC inspection conducted in May 2011. This puts it in the largest 40% of detached houses houses in Greet, based on EPC data. The below chart shows the distribution of detached houses houses by size in Greet, and where 2 THE FINCHES lies on this distribution: 62% of detached houses houses are smaller than 2 THE FINCHES, and 38% of houses are larger. Note that EPC data is not available for all properties in Greet.

2 THE FINCHES: Plot and Title Map

2 THE FINCHES sits on a plot of roughly 0.126 of an acre, or 511m². The below map shows the location of 2 THE FINCHES, 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 THE FINCHES). 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 THE FINCHES?

2 THE FINCHES is located in GREET, in the GL54 postcode district. The below map shows the position of No. 2 on THE FINCHES.