16, BRIZEN LANE, CHELTENHAM, GL53 0NG - £495,000

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

16 BRIZEN LANE is a small detached house of 100m², built sometime between 1983 and 1990. It was last sold for £495,000 in August 2023, which was around 20% below the average August 2023 detached price in the Cheltenham local authority area. The most recent EPC inspection was February 2021, where the current energy rating was D, and the potential energy rating was C.

16 BRIZEN LANE Sold Prices

Land registry data shows four sales for 16 BRIZEN LANE 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. Most of the four 16 BRIZEN 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 7 AUG	£495,000	£617,231	20% below HPI
2005 1 JUL	£280,000	£310,272	10% below HPI
2002 25 JUN	£219,000	£231,470	5% below HPI
1999 18 NOV	£176,500	£163,240	8% above HPI

16 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 four 16 BRIZEN LANE sales between November 1999 and August 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 July 2005 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the August 2023 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 16 BRIZEN LANE?

16 BRIZEN LANE is 100m² according to the EPC inspection conducted in February 2021. This puts it in the smallest 30% of detached houses in Cheltenham, based on EPC data. The below chart shows the distribution of detached houses by size in Cheltenham, and where 16 BRIZEN LANE lies on this distribution: 25% of detached houses are smaller than 16 BRIZEN LANE, and 75% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

16 BRIZEN LANE: Plot and Title Map

16 BRIZEN LANE sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 16 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 16 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 16 BRIZEN LANE?

16 BRIZEN LANE is located in CHELTENHAM, in the GL53 postcode district. The below map shows the position of No. 16 on BRIZEN LANE.