THREE WAYS, BECKETTS LANE, GREET, CHELTENHAM, GL54 5NX - £320,000

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

THREE WAYS is a very small detached house of 76m², built sometime between 1950 and 1966. It was last sold for £320,000 in August 2019, which was around 25% below the average August 2019 detached price in the Tewkesbury local authority area. The most recent EPC inspection was September 2009, where the current energy rating was E, and the potential energy rating was D.

THREE WAYS Sold Prices

Land registry data shows two sales for THREE WAYS 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 THREE WAYS 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
2019 5 AUG	£320,000	£427,394	25% below HPI
2012 20 APR	£295,000	£312,210	6% below HPI

THREE WAYS 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 THREE WAYS sales from April 2012 and August 2019 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 2012 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the August 2019 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is THREE WAYS?

THREE WAYS is 76m² according to the EPC inspection conducted in September 2009. This puts it in the smallest 10% of detached houses in Greet, based on EPC data. The below chart shows the distribution of detached houses by size in Greet, and where THREE WAYS lies on this distribution: 4% of detached houses are smaller than THREE WAYS, and 96% of houses are larger. Note that EPC data is not available for all properties in Greet.

THREE WAYS: Plot and Title Map

THREE WAYS sits on a plot of roughly 0.089 of an acre, or 361m². The below map shows the location of THREE WAYS, 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 THREE WAYS). 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 THREE WAYS?

THREE WAYS is located on BECKETTS LANE in GREET, in the GL54 postcode district. The below map shows the position of THREE WAYS on BECKETTS LANE.