FORTUNA, ASH LANE, DOWN HATHERLEY, GLOUCESTER, GL2 9PS - £458,000

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

FORTUNA is a very small extended detached house of 86m², built sometime between 1950 and 1966. It was last sold for £458,000 in August 2022, which was around 10% below the average August 2022 detached price in the Tewkesbury local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was C.

FORTUNA Sold Prices

Land registry data shows two sales for FORTUNA 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 FORTUNA 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
2022 26 AUG	£458,000	£509,075	10% below HPI
2020 21 SEP	£290,000	£447,896	35% below HPI

FORTUNA 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 FORTUNA sales from September 2020 and August 2022 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 September 2020 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the August 2022 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is FORTUNA?

FORTUNA is 86m², which includes two extensions, according to the EPC inspection conducted in August 2020. This puts it in the smallest 10% of detached houses in Twigworth, based on EPC data. The below chart shows the distribution of detached houses by size in Twigworth, and where FORTUNA lies on this distribution: 4% of detached houses are smaller than FORTUNA, and 95% of houses are larger. Note that EPC data is not available for all properties in Twigworth.

FORTUNA: Plot and Title Map

FORTUNA sits on a plot of roughly 0.432 of an acre, or 1,747m². The below map shows the location of FORTUNA, 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 FORTUNA). 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 FORTUNA?

FORTUNA is located on ASH LANE in DOWN HATHERLEY, in the GL2 postcode district. The below map shows the position of FORTUNA on ASH LANE.