GREEN BOUGH, MARKET LANE, GREET, CHELTENHAM, GL54 5BL - £400,000

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

GREEN BOUGH is a very small extended detached house of 72m², built sometime between 1950 and 1966. It was last sold for £400,000 in August 2013, which was around 28% above the average August 2013 detached price in the Tewkesbury local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was D.

GREEN BOUGH Sold Prices

Land registry data shows two sales for GREEN BOUGH 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 GREEN BOUGH 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
2013 1 AUG	£400,000	£313,598	28% above HPI
2001 6 APR	£215,000	£174,991	23% above HPI

GREEN BOUGH 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 GREEN BOUGH sales from April 2001 and August 2013 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 April 2001 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the August 2013 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is GREEN BOUGH?

GREEN BOUGH is 72m², which includes one extension, according to the EPC inspection conducted in September 2010. This puts it in the smallest 10% of detached houses in Greet, based on EPC data. The below chart shows the distribution of detached houses by size in Greet, and where GREEN BOUGH lies on this distribution: 2% of detached houses are smaller than GREEN BOUGH, and 98% of houses are larger. Note that EPC data is not available for all properties in Greet.

GREEN BOUGH: Plot and Title Map

GREEN BOUGH sits on a plot of roughly 0.121 of an acre, or 490m². The below map shows the location of GREEN BOUGH, 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 GREEN BOUGH). 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 GREEN BOUGH?

GREEN BOUGH is located on MARKET LANE in GREET, in the GL54 postcode district. The below map shows the position of GREEN BOUGH on MARKET LANE.