15, BRIZEN LANE, CHELTENHAM, GL53 0NG - £185,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

15 BRIZEN LANE is a very small extended detached house of 93m², built sometime between 1983 and 1990. It was last sold for £185,000 in December 2000, which was about the average December 2000 detached price in the Cheltenham local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was B.

15 BRIZEN LANE Sold Prices

Land registry data shows two sales for 15 BRIZEN LANE since 1^st 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. One of the two 15 BRIZEN LANE sales was roughly equal to the average price, whilst the other was 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
2000 1 DEC	£185,000	£184,873	Close to HPI
1998 27 APR	£125,500	£126,165	1% below HPI

15 BRIZEN 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 two 15 BRIZEN LANE sales from April 1998 and December 2000 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 1998 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the December 2000 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 15 BRIZEN LANE?

15 BRIZEN LANE is 93m², which includes one extension, according to the EPC inspection conducted in November 2018. This puts it in the smallest 20% of detached houses in Cheltenham, based on EPC data. The below chart shows the distribution of detached houses by size in Cheltenham, and where 15 BRIZEN LANE lies on this distribution: 19% of detached houses are smaller than 15 BRIZEN LANE, and 80% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

15 BRIZEN LANE: Plot and Title Map

15 BRIZEN LANE sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 15 BRIZEN 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 15 BRIZEN 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 15 BRIZEN LANE?

15 BRIZEN LANE is located in CHELTENHAM, in the GL53 postcode district. The below map shows the position of No. 15 on BRIZEN LANE.