PENALTA, NORTHWAY LANE, TEWKESBURY, GL20 8HA - £218,000

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

PENALTA is a small extended detached house of 104m², built sometime between 1967 and 1975. It was last sold for £218,000 in January 2020, which was around 49% below the average January 2020 detached price in the Tewkesbury local authority area. The most recent EPC inspection was July 2012, where the current energy rating was C, and the potential energy rating was B.

PENALTA Sold Prices

Land registry data shows three sales for PENALTA 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. All of the three PENALTA 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
2020 21 JAN	£218,000	£427,822	49% below HPI
2013 11 JUN	£206,000	£309,182	33% below HPI
2008 12 DEC	£110,000	£277,829	60% below HPI

PENALTA 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 PENALTA sales between December 2008 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 June 2013 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the January 2020 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is PENALTA?

PENALTA is 104m², which includes one extension, according to the EPC inspection conducted in July 2012. This puts it in the smallest 40% of detached houses in Tewkesbury, based on EPC data. The below chart shows the distribution of detached houses by size in Tewkesbury, and where PENALTA lies on this distribution: 33% of detached houses are smaller than PENALTA, and 66% of houses are larger. Note that EPC data is not available for all properties in Tewkesbury.

PENALTA: Plot and Title Map

PENALTA sits on a plot of roughly 0.227 of an acre, or 918m². The below map shows the location of PENALTA, 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 PENALTA). 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 PENALTA?

PENALTA is located on NORTHWAY LANE in TEWKESBURY, in the GL20 postcode district. The below map shows the position of PENALTA on NORTHWAY LANE.