15, NOVERTON LANE, PRESTBURY, CHELTENHAM, GL52 5BA - £440,000

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 NOVERTON LANE is a midsized extended detached house of 144m², built sometime between 1967 and 1975. It was last sold for £440,000 in February 2014, which was around 20% above the average February 2014 detached price in the Cheltenham local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was B.

15 NOVERTON LANE Sold Prices

Land registry data shows two sales for 15 NOVERTON 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. Both of the two 15 NOVERTON LANE sales were for above 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
2014 21 FEB	£440,000	£366,826	20% above HPI
1996 15 JUL	£152,000	£108,174	41% above HPI

15 NOVERTON 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 NOVERTON LANE sales from July 1996 and February 2014 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 July 1996 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the February 2014 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is 15 NOVERTON LANE?

15 NOVERTON LANE is 144m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the largest 40% of detached houses in Prestbury, based on EPC data. The below chart shows the distribution of detached houses by size in Prestbury, and where 15 NOVERTON LANE lies on this distribution: 60% of detached houses are smaller than 15 NOVERTON LANE, and 39% of houses are larger. Note that EPC data is not available for all properties in Prestbury.

15 NOVERTON LANE: Plot and Title Map

15 NOVERTON LANE sits on a plot of roughly 0.150 of an acre, or 605m². The below map shows the location of 15 NOVERTON 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 NOVERTON 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 NOVERTON LANE?

15 NOVERTON LANE is located in PRESTBURY, in the GL52 postcode district. The below map shows the position of No. 15 on NOVERTON LANE.