22, PICCADILLY WAY, PRESTBURY, CHELTENHAM, GL52 5DQ - £425,000

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

22 PICCADILLY WAY is a midsized extended detached house of 123m², built sometime between 1967 and 1975. It was last sold for £425,000 in February 2020, which was around 13% below the average February 2020 detached price in the Cheltenham local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was C.

22 PICCADILLY WAY Sold Prices

Land registry data shows two sales for 22 PICCADILLY 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 Cheltenham local authority area for the corresponding sale date. Both of the two 22 PICCADILLY 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
2020 4 FEB	£425,000	£489,918	13% below HPI
1999 6 MAY	£135,000	£143,740	6% below HPI

22 PICCADILLY 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 two 22 PICCADILLY WAY sales from May 1999 and February 2020 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 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the February 2020 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 22 PICCADILLY WAY?

22 PICCADILLY WAY is 123m², which includes one extension, according to the EPC inspection conducted in November 2019. This puts it in the smallest 50% of detached houses in Prestbury, based on EPC data. The below chart shows the distribution of detached houses by size in Prestbury, and where 22 PICCADILLY WAY lies on this distribution: 46% of detached houses are smaller than 22 PICCADILLY WAY, and 54% of houses are larger. Note that EPC data is not available for all properties in Prestbury.

22 PICCADILLY WAY: Plot and Title Map

22 PICCADILLY WAY sits on a plot of roughly 0.085 of an acre, or 346m². The below map shows the location of 22 PICCADILLY 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 22 PICCADILLY 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 22 PICCADILLY WAY?

22 PICCADILLY WAY is located in PRESTBURY, in the GL52 postcode district. The below map shows the position of No. 22 on PICCADILLY WAY.