FIVE ACRES, SOUTHAM LANE, SOUTHAM, CHELTENHAM, GL52 3NY - £1,125,000

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

FIVE ACRES is a midsized extended detached house of 182m², built sometime between 1996 and 2002. It was last sold for £1,125,000 in May 2021, which was around 148% above the average May 2021 detached price in the Tewkesbury local authority area. The most recent EPC inspection was September 2013, where the current energy rating was C, and the potential energy rating was B.

FIVE ACRES Sold Prices

Land registry data shows four sales for FIVE ACRES since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Tewkesbury local authority area for the corresponding sale date. All of the four FIVE ACRES 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
2021 21 MAY	£1,125,000	£453,674	148% above HPI
2014 5 NOV	£720,000	£341,405	111% above HPI
2005 14 JUL	£500,000	£283,216	77% above HPI
2002 16 OCT	£420,000	£233,372	80% above HPI

FIVE ACRES 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 four FIVE ACRES sales between October 2002 and May 2021 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 November 2014 sale was for 111% above the HPI. So the extrapolation line tracks at 111% above the HPI over time, until the May 2021 sale, where it rises to 148% above the HPI. The line then continues to track at 148% above the HPI.

How Large is FIVE ACRES?

FIVE ACRES is 182m², which includes one extension, according to the EPC inspection conducted in September 2013. This puts it in the largest 50% of detached houses in Southam, based on EPC data. The below chart shows the distribution of detached houses by size in Southam, and where FIVE ACRES lies on this distribution: 58% of detached houses are smaller than FIVE ACRES, and 41% of houses are larger. Note that EPC data is not available for all properties in Southam.

FIVE ACRES: Plot and Title Map

FIVE ACRES sits on a plot of roughly 4.6 acres, or 18,424m². The below map shows the location of FIVE ACRES, 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 FIVE ACRES). 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 FIVE ACRES?

FIVE ACRES is located on SOUTHAM LANE in SOUTHAM, in the GL52 postcode district. The below map shows the position of FIVE ACRES on SOUTHAM LANE.