ELM HOUSE, COLD ELMS, NORTON, GLOUCESTER, GL2 9LJ - £780,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

ELM HOUSE is a very large extended detached house of 383m², built sometime before 1900, which could now be worth an estimated £963,355. It was last sold for £780,000 in July 2018, which was around 90% above the average July 2018 detached price in the Tewkesbury local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was C.

ELM HOUSE Sold Prices

Land registry data shows two sales for ELM HOUSE 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 ELM HOUSE 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
2018 16 JUL	£780,000	£411,540	90% above HPI
1998 24 AUG	£250,000	£116,554	114% above HPI

ELM HOUSE 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 ELM HOUSE sales from August 1998 and July 2018 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 August 1998 sale was for 114% above the HPI. So the extrapolation line tracks at 114% above the HPI over time, until the July 2018 sale, where it falls to 90% above the HPI. The line then continues to track at 90% above the HPI.

What might ELM HOUSE be worth now?

ELM HOUSE might now be worth an estimated £963,355.

This is based on house price inflation of 23.5%, between July 2018 and February 2025, for detached houses, in the Tewkesbury local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.5% inflationary increase is applied to the most recent sale price for ELM HOUSE of £780,000 on 16th July 2018. For the value to have increased from £780,000 to £963,355 over the seven years and five months to February 2025, the following assumptions must hold true:

• The value of ELM HOUSE has moved in line with the HPI for detached houses in the Tewkesbury local authority area.
• The July 2018 sale price of £780,000 represented a fair market value for the property.
• The size, condition, and specification of ELM HOUSE has not materially changed since July 2018.

How Large is ELM HOUSE?

ELM HOUSE is 383m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the largest 10% of detached houses houses in Norton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Norton, and where ELM HOUSE lies on this distribution: More than 99% of detached houses houses are smaller than ELM HOUSE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Norton.

ELM HOUSE: Plot and Title Map

ELM HOUSE sits on a plot of roughly 0.446 of an acre, or 1,805m². The below map shows the location of ELM HOUSE, 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 ELM HOUSE). 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 ELM HOUSE?

ELM HOUSE is located on COLD ELMS in NORTON, in the GL2 postcode district. The below map shows the position of ELM HOUSE on COLD ELMS.