LANTERN HOUSE, LOWER SLAUGHTER, CHELTENHAM, GL54 2HP - £1,075,000

LANTERN HOUSE is a large extended detached house of 185m², built sometime between 1983 and 1990. It was last sold for £1,075,000 in June 2023, which was around 55% above the average June 2023 detached price in the Cotswold local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

LANTERN HOUSE Sold Prices

Land registry data shows two sales for LANTERN HOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cotswold local authority area for the corresponding sale date. Both of the two LANTERN HOUSE sales were 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
2023 13 JUN	£1,075,000	£695,370	55% above HPI
2004 2 AUG	£380,000	£358,255	6% above HPI

LANTERN HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cotswold local authority area over time, sourced from the HPI. The two LANTERN HOUSE sales from August 2004 and June 2023 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 August 2004 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the June 2023 sale, where it rises to 55% above the HPI. The line then continues to track at 55% above the HPI.

How Large is LANTERN HOUSE?

LANTERN HOUSE is 185m², which includes three extensions, according to the EPC inspection conducted in July 2021. This puts it in the largest 30% of detached houses in Lower Slaughter, based on EPC data. The below chart shows the distribution of detached houses by size in Lower Slaughter, and where LANTERN HOUSE lies on this distribution: 70% of detached houses are smaller than LANTERN HOUSE, and 30% of houses are larger. Note that EPC data is not available for all properties in Lower Slaughter.

LANTERN HOUSE: Plot and Title Map

LANTERN HOUSE sits on a plot of roughly 0.105 of an acre, or 425m². The below map shows the location of LANTERN HOUSE, 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 LANTERN HOUSE). 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 LANTERN HOUSE?

LANTERN HOUSE is located in LOWER SLAUGHTER, in the GL54 postcode district. The below map shows the position of LANTERN HOUSE in LOWER SLAUGHTER.