TIMBERYARD COTTAGE, TWO MILE LANE, HIGHNAM, GLOUCESTER, GL2 8DW - £350,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

TIMBERYARD COTTAGE is a very large extended detached house of 196m², built sometime before 1900, which could now be worth an estimated £436,627. It was last sold for £350,000 in May 2020, which was around 14% below the average May 2020 detached price in the Tewkesbury local authority area. The most recent EPC inspection was November 2019, where the current energy rating was F, and the potential energy rating was C.

TIMBERYARD COTTAGE Sold Prices

Land registry data shows two sales for TIMBERYARD COTTAGE 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. One of the two TIMBERYARD COTTAGE sales was for below the average price, whilst the other was 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
2020 28 MAY	£350,000	£407,438	14% below HPI
2002 17 JUN	£249,999	£196,626	27% above HPI

TIMBERYARD COTTAGE 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 TIMBERYARD COTTAGE sales from June 2002 and May 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 2002 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the May 2020 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might TIMBERYARD COTTAGE be worth now?

TIMBERYARD COTTAGE might now be worth an estimated £436,627.

This is based on house price inflation of 24.8%, between May 2020 and February 2025, for detached houses, in the Tewkesbury local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24.8% inflationary increase is applied to the most recent sale price for TIMBERYARD COTTAGE of £350,000 on 28th May 2020. For the value to have increased from £350,000 to £436,627 over the five years and three months to February 2025, the following assumptions must hold true:

• The value of TIMBERYARD COTTAGE has moved in line with the HPI for detached houses in the Tewkesbury local authority area.
• The May 2020 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of TIMBERYARD COTTAGE has not materially changed since May 2020.

How Large is TIMBERYARD COTTAGE?

TIMBERYARD COTTAGE is 196m², which includes two extensions, according to the EPC inspection conducted in November 2019. This puts it in the largest 10% of detached houses houses in Highnam, based on EPC data. The below chart shows the distribution of detached houses houses by size in Highnam, and where TIMBERYARD COTTAGE lies on this distribution: 96% of detached houses houses are smaller than TIMBERYARD COTTAGE, and 4% of houses are larger. Note that EPC data is not available for all properties in Highnam.

TIMBERYARD COTTAGE: Plot and Title Map

TIMBERYARD COTTAGE sits on a plot of roughly 0.215 of an acre, or 869m². The below map shows the location of TIMBERYARD COTTAGE, 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 TIMBERYARD COTTAGE). 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 TIMBERYARD COTTAGE?

TIMBERYARD COTTAGE is located on TWO MILE LANE in HIGHNAM, in the GL2 postcode district. The below map shows the position of TIMBERYARD COTTAGE on TWO MILE LANE.