7, HANOVER WAY, CHURCHDOWN, GLOUCESTER, GL3 1NJ - £335,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

7 HANOVER WAY is a small extended detached house of 86m², built sometime between 1983 and 1990. It was last sold for £335,000 in June 2023, which was around 36% below the average June 2023 detached price in the Tewkesbury local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was B.

7 HANOVER WAY Sold Prices

Land registry data shows two sales for 7 HANOVER 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 Tewkesbury local authority area for the corresponding sale date. Both of the two 7 HANOVER 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
2023 12 JUN	£335,000	£525,462	36% below HPI
1998 23 DEC	£79,500	£127,415	38% below HPI

7 HANOVER WAY 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 7 HANOVER WAY sales from December 1998 and June 2023 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 December 1998 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the June 2023 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 7 HANOVER WAY?

7 HANOVER WAY is 86m², which includes two extensions, according to the EPC inspection conducted in February 2022. This puts it in the smallest 30% of detached houses in Innsworth, based on EPC data. The below chart shows the distribution of detached houses by size in Innsworth, and where 7 HANOVER WAY lies on this distribution: 22% of detached houses are smaller than 7 HANOVER WAY, and 77% of houses are larger. Note that EPC data is not available for all properties in Innsworth.

7 HANOVER WAY: Plot and Title Map

7 HANOVER WAY sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 7 HANOVER 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 7 HANOVER 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 7 HANOVER WAY?

7 HANOVER WAY is located in CHURCHDOWN, in the GL3 postcode district. The below map shows the position of No. 7 on HANOVER WAY.