15, HESTERS WAY LANE, CHELTENHAM, GL51 0LB - £340,000

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

15 HESTERS WAY LANE is a large extended detached house of 147m², built sometime between 1930 and 1949. It was last sold for £340,000 in September 2023, which was around 45% below the average September 2023 detached price in the Cheltenham local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was C.

15 HESTERS WAY LANE Sold Prices

Land registry data shows three sales for 15 HESTERS WAY 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 15 HESTERS WAY 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
2023 28 SEP	£340,000	£613,211	45% below HPI
2017 6 OCT	£245,000	£481,658	49% below HPI
1999 8 DEC	£120,000	£163,323	27% below HPI

15 HESTERS WAY 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 15 HESTERS WAY LANE sales between December 1999 and September 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 October 2017 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the September 2023 sale, where it rises to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 15 HESTERS WAY LANE?

15 HESTERS WAY LANE is 147m², which includes one extension, according to the EPC inspection conducted in January 2014. This puts it in the largest 40% 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 HESTERS WAY LANE lies on this distribution: 66% of detached houses are smaller than 15 HESTERS WAY LANE, and 33% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

15 HESTERS WAY LANE: Plot and Title Map

15 HESTERS WAY LANE sits on a plot of roughly 0.204 of an acre, or 825m². The below map shows the location of 15 HESTERS WAY 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 HESTERS WAY 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 HESTERS WAY LANE?

15 HESTERS WAY LANE is located in CHELTENHAM, in the GL51 postcode district. The below map shows the position of No. 15 on HESTERS WAY LANE.