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

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.

FIVE ACRES is a midsized extended detached house of 182m², built sometime between 1996 and 2002, which could now be worth an estimated £1,326,698. It was last sold for £1,125,000 in May 2021, which was around 161% 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	£431,007	161% above HPI
2014 5 NOV	£720,000	£324,347	122% above HPI
2005 14 JUL	£500,000	£269,066	86% above HPI
2002 16 OCT	£420,000	£221,712	89% 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 122% above the HPI. So the extrapolation line tracks at 122% above the HPI over time, until the May 2021 sale, where it rises to 161% above the HPI. The line then continues to track at 161% above the HPI.

What might FIVE ACRES be worth now?

FIVE ACRES might now be worth an estimated £1,326,698.

This is based on house price inflation of 17.9%, between May 2021 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 17.9% inflationary increase is applied to the most recent sale price for FIVE ACRES of £1,125,000 on 21st May 2021. For the value to have increased from £1,125,000 to £1,326,698 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of FIVE ACRES has moved in line with the HPI for detached houses in the Tewkesbury local authority area.
• The May 2021 sale price of £1,125,000 represented a fair market value for the property.
• The size, condition, and specification of FIVE ACRES has not materially changed since May 2021.

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 houses in Southam, based on EPC data. The below chart shows the distribution of detached houses houses by size in Southam, and where FIVE ACRES lies on this distribution: 57% of detached houses houses are smaller than FIVE ACRES, and 42% 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.