BROADMEAD, HAYMES DRIVE, CLEEVE HILL, CHELTENHAM, GL52 3QQ - £490,000

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

BROADMEAD is a large extended detached house of 200m², built sometime between 1950 and 1966. It was last sold for £490,000 in August 2013, which was around 56% above the average August 2013 detached price in the Tewkesbury local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was C.

BROADMEAD Sold Prices

Land registry data shows two sales for BROADMEAD 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 BROADMEAD 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
2013 1 AUG	£490,000	£313,598	56% above HPI
2007 29 JUN	£550,000	£312,898	76% above HPI

BROADMEAD 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 BROADMEAD sales from June 2007 and August 2013 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 2007 sale was for 76% above the HPI. So the extrapolation line tracks at 76% above the HPI over time, until the August 2013 sale, where it falls to 56% above the HPI. The line then continues to track at 56% above the HPI.

How Large is BROADMEAD?

BROADMEAD is 200m², which includes one extension, according to the EPC inspection conducted in March 2012. This puts it in the largest 30% of detached houses in Southam, based on EPC data. The below chart shows the distribution of detached houses by size in Southam, and where BROADMEAD lies on this distribution: 71% of detached houses are smaller than BROADMEAD, and 29% of houses are larger. Note that EPC data is not available for all properties in Southam.

BROADMEAD: Plot and Title Map

BROADMEAD sits on a plot of roughly 0.152 of an acre, or 616m². The below map shows the location of BROADMEAD, 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 BROADMEAD). 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 BROADMEAD?

BROADMEAD is located on HAYMES DRIVE in CLEEVE HILL, in the GL52 postcode district. The below map shows the position of BROADMEAD on HAYMES DRIVE.