6, THE PIECE, CHURCHDOWN, GLOUCESTER, GL3 2EX - £250,000

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

6 THE PIECE is a very small extended detached house of 83m², built sometime between 1996 and 2002. It was last sold for £250,000 in January 2014, which was around 21% below the average January 2014 detached price in the Tewkesbury local authority area. The most recent EPC inspection was November 2023, where the current energy rating was D, and the potential energy rating was C.

6 THE PIECE Sold Prices

Land registry data shows four sales for 6 THE PIECE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Tewkesbury local authority area for the corresponding sale date. All of the four 6 THE PIECE 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
2014 24 JAN	£250,000	£316,888	21% below HPI
2004 22 NOV	£230,000	£285,947	20% below HPI
2002 18 OCT	£165,000	£233,372	29% below HPI
2001 18 JUN	£52,000	£178,415	71% below HPI

6 THE PIECE 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 four 6 THE PIECE sales between June 2001 and January 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 2004 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the January 2014 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 6 THE PIECE?

6 THE PIECE is 83m², which includes one extension, according to the EPC inspection conducted in November 2023. This puts it in the smallest 20% of detached houses in Churchdown, based on EPC data. The below chart shows the distribution of detached houses by size in Churchdown, and where 6 THE PIECE lies on this distribution: 15% of detached houses are smaller than 6 THE PIECE, and 84% of houses are larger. Note that EPC data is not available for all properties in Churchdown.

6 THE PIECE: Plot and Title Map

6 THE PIECE sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 6 THE PIECE, 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 6 THE PIECE). 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 6 THE PIECE?

6 THE PIECE is located in CHURCHDOWN, in the GL3 postcode district. The below map shows the position of No. 6 on THE PIECE.