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 VILLAGE MEWS is a very small detached house of 48m², built sometime between 2003 and 2006. It was last sold for £127,500 in August 2007, which was around 64% below the average August 2007 detached price in the Cheltenham local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows two sales for 1 VILLAGE MEWS 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 VILLAGE MEWS 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 |
---|---|---|---|
2007 20 AUG | £127,500 | £351,419 | 64% below HPI |
2004 27 AUG | £115,000 | £302,007 | 62% 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 VILLAGE MEWS sales from August 2004 and August 2007 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 62% below the HPI. So the extrapolation line tracks at 62% below the HPI over time, until the August 2007 sale, where it falls to 64% below the HPI. The line then continues to track at 64% below the HPI.
1 VILLAGE MEWS is 48m² according to the EPC inspection conducted in February 2020. 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 VILLAGE MEWS lies on this distribution: Less than 1% of detached houses are smaller than 1 VILLAGE MEWS, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.
1 VILLAGE MEWS sits on a plot of roughly 0.690 of an acre, or 2,793m². The below map shows the location of 1 VILLAGE MEWS, 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 VILLAGE MEWS). 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 VILLAGE MEWS is located in CHELTENHAM, in the GL51 postcode district. The below map shows the position of No. 1 on VILLAGE MEWS.