15, Newfound Reach
15, Newfound Reach
Description & Estimates
Public records show 15, Newfound Reach, Lechlade to be a modern freehold house with 4,284 ft2 of internal area, sitting on a 3,789 m2 plot.
In this area, houses of this size normally have 5 bedrooms with a garden.
15, Newfound Reach, Lechlade has an estimated sale value of £919,204 and an estimated rental value of £3,397 per month, assuming reasonable condition and based on the information available.
Newfound Reach, Lechlade, GL7 lies in the borough of Cotswold, within the GL7 postal district.
Our Data Sources
15, Newfound Reach, Lechlade has a single entry in the Land Registry from July 2022 and a single entry in the EPC database dated November 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 15, Newfound Reach, Lechlade would be worth £965,164, with a potential rental value of £3,567 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £854,860, with a rental value of £3,159 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 15, Newfound Reach, Lechlade has declined by £28,255 (3.1%) over the last year. During the same period, its estimated monthly rental value has climbed by £60 (1.8%). The property's estimated gross yield is currently 4.4%.
Plot Size
15, Newfound Reach, Lechlade occupies a 3,789 m2 plot as recorded by HM Land Registry.
Of the 24 other houses in this postcode, 15 have recorded plot sizes, and this one ranks as the 7th largest.
Energy Efficiency
15, Newfound Reach, Lechlade has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 06 Nov 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and underfloor heating, mains gas.
Sold Prices
15, Newfound Reach, Lechlade last changed hands on 11th July 2022, selling for £914,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 10.1% since July 2022.
- Sold Jul 2022£914,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 3.3 kilometres of 15, Newfound Reach, Lechlade across the last 2 years.
Most recently, 8, Newfound Reach, Lechlade, GL7 3FU, a freehold house, sold at £1,150,000 on the 16th April 2021.
Read more about house prices in GL7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 15, Newfound Reach, Lechlade as the 18th largest and the 24th most expensive of the 24 addresses on Newfound Reach, Lechlade, GL7.
Against the GL7 postcode district average, it is £429k more expensive than the typical property.
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Schools Nearby
- 3.0kmSt Lawrence Church of England Primary School
- 3.7kmFairford Church of England Primary School
- 4.1kmKempsford Church of England Primary School
- 3.9kmFarmor's School
- 7.6kmHighworth Warneford School
- 10.7kmGreat Western Academy
More reading links
Public Transport Nearby
Swindon (Wilts) station is the nearest stop to 15, Newfound Reach, Lechlade at 14.9 kilometres away.
- 14.9kmSwindon (Wilts)
- 20.2kmKemble
- 21.2kmShipton
Risk of Flooding
Environment Agency data suggests this area has a medium risk of flooding.
