3, CLOSE FIELD, GRETTON, CHELTENHAM, GL54 5YJ - £545,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 CLOSE FIELD is a large extended detached house of 183m², built sometime between 1983 and 1990. It was last sold for £545,000 in February 2015, which was around 55% above the average February 2015 detached price in the Tewkesbury local authority area. The most recent EPC inspection was June 2014, where the current energy rating was C, and the potential energy rating was B.

3 CLOSE FIELD Sold Prices

Land registry data shows two sales for 3 CLOSE FIELD 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 3 CLOSE FIELD 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
2015 27 FEB	£545,000	£351,916	55% above HPI
2010 22 FEB	£475,000	£281,987	68% above HPI

3 CLOSE FIELD 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 3 CLOSE FIELD sales from February 2010 and February 2015 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 2010 sale was for 68% above the HPI. So the extrapolation line tracks at 68% above the HPI over time, until the February 2015 sale, where it falls to 55% above the HPI. The line then continues to track at 55% above the HPI.

How Large is 3 CLOSE FIELD?

3 CLOSE FIELD is 183m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the largest 30% of detached houses in Gretton, based on EPC data. The below chart shows the distribution of detached houses by size in Gretton, and where 3 CLOSE FIELD lies on this distribution: 73% of detached houses are smaller than 3 CLOSE FIELD, and 25% of houses are larger. Note that EPC data is not available for all properties in Gretton.

3 CLOSE FIELD: Plot and Title Map

3 CLOSE FIELD sits on a plot of roughly 0.261 of an acre, or 1,056m². The below map shows the location of 3 CLOSE FIELD, 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 3 CLOSE FIELD). 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 3 CLOSE FIELD?

3 CLOSE FIELD is located in GRETTON, in the GL54 postcode district. The below map shows the position of No. 3 on CLOSE FIELD.