HOMELEA, STATION ROAD, WOODMANCOTE, CHELTENHAM, GL52 9HR - £440,000

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

HOMELEA is a midsized extended detached house of 116m², built sometime between 1930 and 1949. It was last sold for £440,000 in November 2019, which was around 5% above the average November 2019 detached price in the Tewkesbury local authority area. The most recent EPC inspection was December 2018, where the current energy rating was D, and the potential energy rating was C.

HOMELEA Sold Prices

Land registry data shows three sales for HOMELEA 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. One of the three HOMELEA sales was for above the average price, whilst two 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
2019 8 NOV	£440,000	£420,912	5% above HPI
2015 7 DEC	£360,000	£373,963	4% below HPI
2010 19 NOV	£247,500	£299,049	17% below HPI

HOMELEA 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 HOMELEA sales between November 2010 and November 2019 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 December 2015 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the November 2019 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is HOMELEA?

HOMELEA is 116m², which includes two extensions, according to the EPC inspection conducted in December 2018. This puts it in the smallest 50% of detached houses in Woodmancote, based on EPC data. The below chart shows the distribution of detached houses by size in Woodmancote, and where HOMELEA lies on this distribution: 48% of detached houses are smaller than HOMELEA, and 52% of houses are larger. Note that EPC data is not available for all properties in Woodmancote.

HOMELEA: Plot and Title Map

HOMELEA sits on a plot of roughly 0.094 of an acre, or 381m². The below map shows the location of HOMELEA, 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 HOMELEA). 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 HOMELEA?

HOMELEA is located on STATION ROAD in WOODMANCOTE, in the GL52 postcode district. The below map shows the position of HOMELEA on STATION ROAD.