TRESCO, LANGLEY ROAD, WINCHCOMBE, CHELTENHAM, GL54 5QP - £394,000

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

TRESCO is a small extended detached house of 109m², built sometime between 1950 and 1966. It was last sold for £394,000 in May 2018, which was around 5% below the average May 2018 detached price in the Tewkesbury local authority area. The most recent EPC inspection was December 2017, where the current energy rating was D, and the potential energy rating was C.

TRESCO Sold Prices

Land registry data shows two sales for TRESCO 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 TRESCO 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
2018 25 MAY	£394,000	£414,455	5% below HPI
2008 30 DEC	£315,000	£277,829	13% above HPI

TRESCO 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 TRESCO sales from December 2008 and May 2018 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 December 2008 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the May 2018 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is TRESCO?

TRESCO is 109m², which includes three extensions, according to the EPC inspection conducted in December 2017. This puts it in the smallest 40% of detached houses in Winchcombe, based on EPC data. The below chart shows the distribution of detached houses by size in Winchcombe, and where TRESCO lies on this distribution: 32% of detached houses are smaller than TRESCO, and 66% of houses are larger. Note that EPC data is not available for all properties in Winchcombe.

TRESCO: Plot and Title Map

TRESCO sits on a plot of roughly 0.246 of an acre, or 995m². The below map shows the location of TRESCO, 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 TRESCO). 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 TRESCO?

TRESCO is located on LANGLEY ROAD in WINCHCOMBE, in the GL54 postcode district. The below map shows the position of TRESCO on LANGLEY ROAD.