GREYFRIARS, SOUTHAM LANE, SOUTHAM, CHELTENHAM, GL52 3NY - £650,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

GREYFRIARS is a small detached house of 135m², built sometime between 1967 and 1975. It was last sold for £650,000 in March 2021, which was around 45% above the average March 2021 detached price in the Tewkesbury local authority area. The most recent EPC inspection was May 2013, where the current energy rating was C, and the potential energy rating was C.

GREYFRIARS Sold Prices

Land registry data shows three sales for GREYFRIARS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Tewkesbury local authority area for the corresponding sale date. All of the three GREYFRIARS 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 1 MAR	£650,000	£447,794	45% above HPI
2017 17 FEB	£543,000	£394,650	38% above HPI
2014 17 MAR	£438,000	£325,841	34% above HPI

GREYFRIARS 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 three GREYFRIARS sales between March 2014 and March 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 February 2017 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the March 2021 sale, where it rises to 45% above the HPI. The line then continues to track at 45% above the HPI.

How Large is GREYFRIARS?

GREYFRIARS is 135m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 40% of detached houses in Southam, based on EPC data. The below chart shows the distribution of detached houses by size in Southam, and where GREYFRIARS lies on this distribution: 31% of detached houses are smaller than GREYFRIARS, and 68% of houses are larger. Note that EPC data is not available for all properties in Southam.

GREYFRIARS: Plot and Title Map

GREYFRIARS sits on a plot of roughly 0.198 of an acre, or 803m². The below map shows the location of GREYFRIARS, 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 GREYFRIARS). 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 GREYFRIARS?

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