5, THE PINES, GREET, CHELTENHAM, GL54 5PL - £505,000

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.

5 THE PINES is a midsized detached house of 161m², built sometime between 1983 and 1990, which could now be worth an estimated £600,167. It was last sold for £505,000 in October 2020, which was around 18% above the average October 2020 detached price in the Tewkesbury local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was C.

5 THE PINES Sold Prices

Land registry data shows three sales for 5 THE PINES 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 5 THE PINES 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
2020 12 OCT	£505,000	£427,345	18% above HPI
2010 1 JUN	£405,000	£281,255	44% above HPI
2003 12 DEC	£337,500	£242,555	39% above HPI

5 THE PINES 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 5 THE PINES sales between December 2003 and October 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 June 2010 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the October 2020 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 5 THE PINES be worth now?

5 THE PINES might now be worth an estimated £600,167.

This is based on house price inflation of 18.8%, between October 2020 and March 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 18.8% inflationary increase is applied to the most recent sale price for 5 THE PINES of £505,000 on 12th October 2020. For the value to have increased from £505,000 to £600,167 over the five years and seven months to March 2025, the following assumptions must hold true:

• The value of 5 THE PINES has moved in line with the HPI for detached houses in the Tewkesbury local authority area.
• The October 2020 sale price of £505,000 represented a fair market value for the property.
• The size, condition, and specification of 5 THE PINES has not materially changed since October 2020.

How Large is 5 THE PINES?

5 THE PINES is 161m² according to the EPC inspection conducted in June 2014. This puts it in the largest 50% 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 5 THE PINES lies on this distribution: 55% of detached houses houses are smaller than 5 THE PINES, and 45% of houses are larger. Note that EPC data is not available for all properties in Greet.

5 THE PINES: Plot and Title Map

5 THE PINES sits on a plot of roughly 0.140 of an acre, or 565m². The below map shows the location of 5 THE PINES, 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 5 THE PINES). 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 5 THE PINES?

5 THE PINES is located in GREET, in the GL54 postcode district. The below map shows the position of No. 5 on THE PINES.