THE FIRS, MAIN ROAD, MINSTERWORTH, GLOUCESTER, GL2 8JH - £345,000

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

THE FIRS is a large extended detached house of 191m², built sometime between 1950 and 1966. It was last sold for £345,000 in November 2006, which was around 13% above the average November 2006 detached price in the Tewkesbury local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was C.

THE FIRS Sold Prices

Land registry data shows two sales for THE FIRS 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. Both of the two THE FIRS 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
2006 17 NOV	£345,000	£305,519	13% above HPI
2004 1 SEP	£310,000	£293,358	6% above HPI

THE FIRS 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 THE FIRS sales from September 2004 and November 2006 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 September 2004 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the November 2006 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is THE FIRS?

THE FIRS is 191m², which includes three extensions, according to the EPC inspection conducted in September 2013. This puts it in the largest 30% of detached houses in Minsterworth, based on EPC data. The below chart shows the distribution of detached houses by size in Minsterworth, and where THE FIRS lies on this distribution: 72% of detached houses are smaller than THE FIRS, and 28% of houses are larger. Note that EPC data is not available for all properties in Minsterworth.

THE FIRS: Plot and Title Map

THE FIRS sits on a plot of roughly 0.530 of an acre, or 2,146m². The below map shows the location of THE FIRS, 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 THE FIRS). 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 THE FIRS?

THE FIRS is located on MAIN ROAD in MINSTERWORTH, in the GL2 postcode district. The below map shows the position of THE FIRS on MAIN ROAD.