3, PEAR TREE CLOSE, WOODMANCOTE, CHELTENHAM, GL52 9TY - £400,000

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 PEAR TREE CLOSE is a small extended detached house of 93m², built sometime between 1976 and 1982. It was last sold for £400,000 in June 2021, which was around 13% below the average June 2021 detached price in the Tewkesbury local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was B.

3 PEAR TREE CLOSE Sold Prices

Land registry data shows two sales for 3 PEAR TREE CLOSE 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 PEAR TREE CLOSE 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
2021 25 JUN	£400,000	£461,138	13% below HPI
2018 9 MAR	£333,000	£414,953	20% below HPI

3 PEAR TREE CLOSE 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 PEAR TREE CLOSE sales from March 2018 and June 2021 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 March 2018 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the June 2021 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 3 PEAR TREE CLOSE?

3 PEAR TREE CLOSE is 93m², which includes one extension, according to the EPC inspection conducted in November 2017. This puts it in the smallest 30% of detached houses in Woodmancote, based on EPC data. The below chart shows the distribution of detached houses by size in Woodmancote, and where 3 PEAR TREE CLOSE lies on this distribution: 22% of detached houses are smaller than 3 PEAR TREE CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Woodmancote.

3 PEAR TREE CLOSE: Plot and Title Map

3 PEAR TREE CLOSE sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 3 PEAR TREE CLOSE, 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 PEAR TREE CLOSE). 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 PEAR TREE CLOSE?

3 PEAR TREE CLOSE is located in WOODMANCOTE, in the GL52 postcode district. The below map shows the position of No. 3 on PEAR TREE CLOSE.