HAZELWOOD, BROADCLOSE ROAD, DOWN HATHERLEY, GLOUCESTER, GL2 9PZ - £641,000

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

HAZELWOOD is a large extended detached house of 198m², built sometime between 1983 and 1990. It was last sold for £641,000 in January 2020, which was around 50% above the average January 2020 detached price in the Tewkesbury local authority area. The most recent EPC inspection was November 2019, where the current energy rating was C, and the potential energy rating was C.

HAZELWOOD Sold Prices

Land registry data shows four sales for HAZELWOOD 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 HAZELWOOD 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
2020 17 JAN	£641,000	£427,822	50% above HPI
2003 2 MAY	£330,000	£251,132	31% above HPI
2002 10 DEC	£320,000	£235,138	36% above HPI
1996 31 JAN	£145,000	£97,869	48% above HPI

HAZELWOOD 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 HAZELWOOD sales between January 1996 and January 2020 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 May 2003 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the January 2020 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.

How Large is HAZELWOOD?

HAZELWOOD is 198m², which includes one extension, according to the EPC inspection conducted in November 2019. This puts it in the largest 40% of detached houses in Norton, based on EPC data. The below chart shows the distribution of detached houses by size in Norton, and where HAZELWOOD lies on this distribution: 69% of detached houses are smaller than HAZELWOOD, and 31% of houses are larger. Note that EPC data is not available for all properties in Norton.

HAZELWOOD: Plot and Title Map

HAZELWOOD sits on a plot of roughly 0.562 of an acre, or 2,276m². The below map shows the location of HAZELWOOD, 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 HAZELWOOD). 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 HAZELWOOD?

HAZELWOOD is located on BROADCLOSE ROAD in DOWN HATHERLEY, in the GL2 postcode district. The below map shows the position of HAZELWOOD on BROADCLOSE ROAD.