THE PIECE, CUTWELL, TETBURY, GL8 8EB - £515,000

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 PIECE is a midsized extended detached house of 118m², built sometime before 1900. It was last sold for £515,000 in November 2012, which was around 21% above the average November 2012 detached price in the Cotswold local authority area. The most recent EPC inspection was January 2019, where the current energy rating was E, and the potential energy rating was B.

THE PIECE Sold Prices

Land registry data shows two sales for THE PIECE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cotswold local authority area for the corresponding sale date. One of the two THE PIECE 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
2012 16 NOV	£515,000	£427,328	21% above HPI
1998 20 FEB	£150,000	£157,100	5% below HPI

THE PIECE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cotswold local authority area over time, sourced from the HPI. The two THE PIECE sales from February 1998 and November 2012 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 February 1998 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the November 2012 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is THE PIECE?

THE PIECE is 118m², which includes one extension, according to the EPC inspection conducted in January 2019. This puts it in the smallest 50% of detached houses in Tetbury, based on EPC data. The below chart shows the distribution of detached houses by size in Tetbury, and where THE PIECE lies on this distribution: 42% of detached houses are smaller than THE PIECE, and 58% of houses are larger. Note that EPC data is not available for all properties in Tetbury.

THE PIECE: Plot and Title Map

THE PIECE sits on a plot of roughly 0.313 of an acre, or 1,266m². The below map shows the location of THE PIECE, 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 PIECE). 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 PIECE?

THE PIECE is located on CUTWELL in TETBURY, in the GL8 postcode district. The below map shows the position of THE PIECE on CUTWELL.