HEATHER BANK, STATION ROAD, ANDOVERSFORD, CHELTENHAM, GL54 4HP - £450,000

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

HEATHER BANK is a large extended detached house of 130m², built sometime between 1950 and 1966. It was last sold for £450,000 in September 2016, which was around 13% below the average September 2016 detached price in the Cotswold local authority area. The most recent EPC inspection was September 2013, where the current energy rating was F, and the potential energy rating was D.

HEATHER BANK Sold Prices

Land registry data shows three sales for HEATHER BANK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cotswold local authority area for the corresponding sale date. All of the three HEATHER BANK 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
2016 20 SEP	£450,000	£517,320	13% below HPI
2014 15 AUG	£415,000	£463,819	11% below HPI
2002 1 NOV	£249,950	£309,796	19% below HPI

HEATHER BANK Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cotswold local authority area over time, sourced from the HPI. The three HEATHER BANK sales between November 2002 and September 2016 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 August 2014 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the September 2016 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is HEATHER BANK?

HEATHER BANK is 130m², which includes two extensions, according to the EPC inspection conducted in September 2013. This puts it in the largest 40% of detached houses in Andoversford, based on EPC data. The below chart shows the distribution of detached houses by size in Andoversford, and where HEATHER BANK lies on this distribution: 61% of detached houses are smaller than HEATHER BANK, and 39% of houses are larger. Note that EPC data is not available for all properties in Andoversford.

HEATHER BANK: Plot and Title Map

HEATHER BANK sits on a plot of roughly 0.284 of an acre, or 1,151m². The below map shows the location of HEATHER BANK, 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 HEATHER BANK). 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 HEATHER BANK?

HEATHER BANK is located on STATION ROAD in ANDOVERSFORD, in the GL54 postcode district. The below map shows the position of HEATHER BANK on STATION ROAD.