HILL HOUSE, SPRING LANE, CLEEVE HILL, CHELTENHAM, GL52 3PY - £460,000

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

HILL HOUSE is a small detached house of 144m², built sometime between 1967 and 1975. It was last sold for £460,000 in August 2018, which was around 5% above the average August 2018 detached price in the Tewkesbury local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was C.

HILL HOUSE Sold Prices

Land registry data shows four sales for HILL HOUSE 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 HILL HOUSE 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
2018 24 AUG	£460,000	£437,875	5% above HPI
2006 24 NOV	£360,000	£305,519	18% above HPI
2004 9 JUL	£325,000	£277,376	17% above HPI
1997 26 SEP	£195,000	£114,039	71% above HPI

HILL HOUSE 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 HILL HOUSE sales between September 1997 and August 2018 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 November 2006 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the August 2018 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is HILL HOUSE?

HILL HOUSE is 144m² according to the EPC inspection conducted in October 2014. 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 HILL HOUSE lies on this distribution: 34% of detached houses are smaller than HILL HOUSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Southam.

HILL HOUSE: Plot and Title Map

HILL HOUSE sits on a plot of roughly 0.204 of an acre, or 827m². The below map shows the location of HILL HOUSE, 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 HILL HOUSE). 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 HILL HOUSE?

HILL HOUSE is located on SPRING LANE in CLEEVE HILL, in the GL52 postcode district. The below map shows the position of HILL HOUSE on SPRING LANE.