EASTGROVE, FARM LANE, SHURDINGTON, CHELTENHAM, GL51 4XN - £370,000

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

EASTGROVE is a small extended detached house of 108m², built sometime between 1930 and 1949. It was last sold for £370,000 in June 2017, which was around 7% below the average June 2017 detached price in the Tewkesbury local authority area. The most recent EPC inspection was July 2016, where the current energy rating was E, and the potential energy rating was C.

EASTGROVE Sold Prices

Land registry data shows three sales for EASTGROVE 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 EASTGROVE 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
2017 30 JUN	£370,000	£398,581	7% below HPI
2009 23 JAN	£227,000	£266,374	15% below HPI
1996 9 OCT	£67,000	£109,296	39% below HPI

EASTGROVE 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 EASTGROVE sales between October 1996 and June 2017 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 January 2009 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the June 2017 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is EASTGROVE?

EASTGROVE is 108m², which includes two extensions, according to the EPC inspection conducted in July 2016. This puts it in the smallest 40% of detached houses in Shurdington, based on EPC data. The below chart shows the distribution of detached houses by size in Shurdington, and where EASTGROVE lies on this distribution: 35% of detached houses are smaller than EASTGROVE, and 65% of houses are larger. Note that EPC data is not available for all properties in Shurdington.

EASTGROVE: Plot and Title Map

EASTGROVE sits on a plot of roughly 0.133 of an acre, or 539m². The below map shows the location of EASTGROVE, 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 EASTGROVE). 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 EASTGROVE?

EASTGROVE is located on FARM LANE in SHURDINGTON, in the GL51 postcode district. The below map shows the position of EASTGROVE on FARM LANE.