KROPA, SHUTTER LANE, GOTHERINGTON, CHELTENHAM, GL52 9EZ - £425,000

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

KROPA is a small extended detached house of 127m², built sometime between 1950 and 1966. It was last sold for £425,000 in May 2017, which was around 8% above the average May 2017 detached price in the Tewkesbury local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

KROPA Sold Prices

Land registry data shows two sales for KROPA since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Tewkesbury local authority area for the corresponding sale date. One of the two KROPA sales was for above the average price, whilst the other was 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
2017 15 MAY	£425,000	£394,580	8% above HPI
2004 19 MAR	£240,100	£261,075	8% below HPI

KROPA 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 two KROPA sales from March 2004 and May 2017 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 March 2004 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the May 2017 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is KROPA?

KROPA is 127m², which includes two extensions, according to the EPC inspection conducted in April 2015. This puts it in the smallest 30% of detached houses in Gotherington, based on EPC data. The below chart shows the distribution of detached houses by size in Gotherington, and where KROPA lies on this distribution: 25% of detached houses are smaller than KROPA, and 74% of houses are larger. Note that EPC data is not available for all properties in Gotherington.

KROPA: Plot and Title Map

KROPA sits on a plot of roughly 0.139 of an acre, or 562m². The below map shows the location of KROPA, 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 KROPA). 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 KROPA?

KROPA is located on SHUTTER LANE in GOTHERINGTON, in the GL52 postcode district. The below map shows the position of KROPA on SHUTTER LANE.