18, GRACE GARDENS, CHELTENHAM, GL51 6QE - £500,000

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

18 GRACE GARDENS is a midsized detached house of 123m², built sometime between 1996 and 2002. It was last sold for £500,000 in August 2014, which was around 29% above the average August 2014 detached price in the Cheltenham local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was C.

18 GRACE GARDENS Sold Prices

Land registry data shows three sales for 18 GRACE GARDENS 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 18 GRACE GARDENS 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 29 AUG	£500,000	£386,503	29% above HPI
2012 28 MAY	£407,500	£345,427	18% above HPI
2003 29 JUL	£325,000	£268,438	21% above HPI

18 GRACE GARDENS 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 18 GRACE GARDENS sales between July 2003 and August 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 May 2012 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the August 2014 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is 18 GRACE GARDENS?

18 GRACE GARDENS is 123m² according to the EPC inspection conducted in August 2011. 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 18 GRACE GARDENS lies on this distribution: 48% of detached houses are smaller than 18 GRACE GARDENS, and 52% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

18 GRACE GARDENS: Plot and Title Map

18 GRACE GARDENS sits on a plot of roughly 0.174 of an acre, or 705m². The below map shows the location of 18 GRACE GARDENS, 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 18 GRACE GARDENS). 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 18 GRACE GARDENS?

18 GRACE GARDENS is located in CHELTENHAM, in the GL51 postcode district. The below map shows the position of No. 18 on GRACE GARDENS.