Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
1 GRAVEL PITTS COTTAGES is a very small extended detached house of 72m², built sometime before 1900. It was last sold for £236,000 in January 2020, which was around 52% below the average January 2020 detached price in the Cheltenham local authority area. The most recent EPC inspection was March 2019, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows two sales for 1 GRAVEL PITTS COTTAGES since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cheltenham local authority area for the corresponding sale date. Both of the two 1 GRAVEL PITTS COTTAGES 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 |
---|---|---|---|
2020 31 JAN | £236,000 | £489,009 | 52% below HPI |
2009 17 APR | £154,000 | £283,970 | 46% below HPI |
The below graph shows the average detached house price in the Cheltenham local authority area over time, sourced from the HPI. The two 1 GRAVEL PITTS COTTAGES sales from April 2009 and January 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 April 2009 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the January 2020 sale, where it falls to 52% below the HPI. The line then continues to track at 52% below the HPI.
1 GRAVEL PITTS COTTAGES is 72m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the smallest 10% of detached houses in Cheltenham, based on EPC data. The below chart shows the distribution of detached houses by size in Cheltenham, and where 1 GRAVEL PITTS COTTAGES lies on this distribution: 6% of detached houses are smaller than 1 GRAVEL PITTS COTTAGES, and 93% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.
1 GRAVEL PITTS COTTAGES sits on a plot of roughly 0.028 of an acre, or 113m². The below map shows the location of 1 GRAVEL PITTS COTTAGES, 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 1 GRAVEL PITTS COTTAGES). 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.
1 GRAVEL PITTS COTTAGES is located on LONDON ROAD in CHARLTON KINGS, in the GL52 postcode district. The below map shows the position of 1 GRAVEL PITTS COTTAGES on LONDON ROAD.