131, NEW BARN LANE, CHELTENHAM, GL52 3LQ - £480,000

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

131 NEW BARN LANE is a midsized extended detached house of 126m², built sometime between 1900 and 1929. It was last sold for £480,000 in March 2021, which was around 8% below the average March 2021 detached price in the Cheltenham local authority area. The most recent EPC inspection was December 2020, where the current energy rating was C, and the potential energy rating was B.

131 NEW BARN LANE Sold Prices

Land registry data shows three sales for 131 NEW BARN LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cheltenham local authority area for the corresponding sale date. All of the three 131 NEW BARN LANE 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
2021 18 MAR	£480,000	£524,521	8% below HPI
2016 21 OCT	£335,000	£442,826	24% below HPI
2007 12 OCT	£325,000	£358,015	9% below HPI

131 NEW BARN LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cheltenham local authority area over time, sourced from the HPI. The three 131 NEW BARN LANE sales between October 2007 and March 2021 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 October 2016 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the March 2021 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 131 NEW BARN LANE?

131 NEW BARN LANE is 126m², which includes two extensions, according to the EPC inspection conducted in December 2020. This puts it in the smallest 50% of detached houses in Prestbury, based on EPC data. The below chart shows the distribution of detached houses by size in Prestbury, and where 131 NEW BARN LANE lies on this distribution: 47% of detached houses are smaller than 131 NEW BARN LANE, and 53% of houses are larger. Note that EPC data is not available for all properties in Prestbury.

131 NEW BARN LANE: Plot and Title Map

131 NEW BARN LANE sits on a plot of roughly 0.111 of an acre, or 449m². The below map shows the location of 131 NEW BARN LANE, 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 131 NEW BARN LANE). 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 131 NEW BARN LANE?

131 NEW BARN LANE is located in CHELTENHAM, in the GL52 postcode district. The below map shows the position of No. 131 on NEW BARN LANE.