THE SPINNEY, CHURCH ROAD, CHURCHDOWN, GLOUCESTER, GL3 2ER - £570,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

THE SPINNEY is a large extended detached house of 157m², built sometime before 1900. It was last sold for £570,000 in July 2022, which was around 13% above the average July 2022 detached price in the Tewkesbury local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was C.

THE SPINNEY Sold Prices

Land registry data shows four sales for THE SPINNEY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Tewkesbury local authority area for the corresponding sale date. two of the four THE SPINNEY sales were for above the average price, and four 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
2022 29 JUL	£570,000	£504,570	13% above HPI
2002 5 APR	£240,000	£195,885	23% above HPI
1998 4 SEP	£110,000	£121,672	10% below HPI
1997 13 AUG	£55,000	£108,935	50% below HPI

THE SPINNEY 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 four THE SPINNEY sales between August 1997 and July 2022 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 April 2002 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the July 2022 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is THE SPINNEY?

THE SPINNEY is 157m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the largest 30% of detached houses in Churchdown, based on EPC data. The below chart shows the distribution of detached houses by size in Churchdown, and where THE SPINNEY lies on this distribution: 79% of detached houses are smaller than THE SPINNEY, and 21% of houses are larger. Note that EPC data is not available for all properties in Churchdown.

THE SPINNEY: Plot and Title Map

THE SPINNEY sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of THE SPINNEY, 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 SPINNEY). 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 SPINNEY?

THE SPINNEY is located on CHURCH ROAD in CHURCHDOWN, in the GL3 postcode district. The below map shows the position of THE SPINNEY on CHURCH ROAD.