15, REDTHORNE WAY, UP HATHERLEY, CHELTENHAM, GL51 3NW - £390,000

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 REDTHORNE WAY is a midsized detached house of 116m², built sometime between 1983 and 1990. It was last sold for £390,000 in July 2016, which was around 10% below the average July 2016 detached price in the Cheltenham local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was D.

15 REDTHORNE WAY Sold Prices

Land registry data shows four sales for 15 REDTHORNE WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cheltenham local authority area for the corresponding sale date. All of the four 15 REDTHORNE WAY 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
2016 18 JUL	£390,000	£435,601	10% below HPI
2014 6 JUN	£345,000	£381,391	10% below HPI
2008 22 DEC	£250,000	£305,543	18% below HPI
2004 17 AUG	£257,500	£302,007	15% below HPI

15 REDTHORNE WAY 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 four 15 REDTHORNE WAY sales between August 2004 and July 2016 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 June 2014 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the July 2016 sale, which was also at 10% below the HPI.

How Large is 15 REDTHORNE WAY?

15 REDTHORNE WAY is 116m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 50% 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 REDTHORNE WAY lies on this distribution: 41% of detached houses are smaller than 15 REDTHORNE WAY, and 59% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

15 REDTHORNE WAY: Plot and Title Map

15 REDTHORNE WAY sits on a plot of roughly 0.088 of an acre, or 358m². The below map shows the location of 15 REDTHORNE WAY, 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 REDTHORNE WAY). 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 REDTHORNE WAY?

15 REDTHORNE WAY is located in UP HATHERLEY, in the GL51 postcode district. The below map shows the position of No. 15 on REDTHORNE WAY.