8, GRAVEL PITS CLOSE, BREDON, TEWKESBURY, GL20 7QL - £315,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

8 GRAVEL PITS CLOSE is a small detached house of 98m², built sometime between 1976 and 1982. It was last sold for £315,000 in October 2020, which was around 23% below the average October 2020 detached price in the Wychavon local authority area. The most recent EPC inspection was January 2015, where the current energy rating was C, and the potential energy rating was B.

8 GRAVEL PITS CLOSE Sold Prices

Land registry data shows five sales for 8 GRAVEL PITS CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Wychavon local authority area for the corresponding sale date. All of the five 8 GRAVEL PITS 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
2020 15 OCT	£315,000	£411,680	23% below HPI
2018 3 APR	£290,000	£395,127	27% below HPI
2015 19 OCT	£267,000	£343,654	22% below HPI
2006 3 JUL	£225,000	£301,574	25% below HPI
2002 29 NOV	£179,495	£221,298	19% below HPI

8 GRAVEL PITS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wychavon local authority area over time, sourced from the HPI. The five 8 GRAVEL PITS CLOSE sales between November 2002 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 April 2018 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the October 2020 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 8 GRAVEL PITS CLOSE?

8 GRAVEL PITS CLOSE is 98m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 30% of detached houses in Bredon, based on EPC data. The below chart shows the distribution of detached houses by size in Bredon, and where 8 GRAVEL PITS CLOSE lies on this distribution: 24% of detached houses are smaller than 8 GRAVEL PITS CLOSE, and 73% of houses are larger. Note that EPC data is not available for all properties in Bredon.

8 GRAVEL PITS CLOSE: Plot and Title Map

8 GRAVEL PITS CLOSE sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 8 GRAVEL PITS 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 8 GRAVEL PITS 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 8 GRAVEL PITS CLOSE?

8 GRAVEL PITS CLOSE is located in BREDON, in the GL20 postcode district. The below map shows the position of No. 8 on GRAVEL PITS CLOSE.