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
2 CARROL GROVE is a midsized extended detached house of 129m², built sometime between 1983 and 1990. It was last sold for £375,000 in November 2022, which was around 40% below the average November 2022 detached price in the Cheltenham local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 2 CARROL GROVE since 1st 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 2 CARROL GROVE 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 |
---|---|---|---|
2022 17 NOV | £375,000 | £630,059 | 40% below HPI |
2017 3 FEB | £260,000 | £447,012 | 42% below HPI |
2013 26 JUN | £220,000 | £351,791 | 37% below HPI |
2007 9 OCT | £183,000 | £358,015 | 49% below HPI |
The below graph shows the average detached house price in the Cheltenham local authority area over time, sourced from the HPI. The four 2 CARROL GROVE sales between October 2007 and November 2022 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 February 2017 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the November 2022 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.
2 CARROL GROVE is 129m², which includes one extension, according to the EPC inspection conducted in March 2013. This puts it in the largest 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 2 CARROL GROVE lies on this distribution: 53% of detached houses are smaller than 2 CARROL GROVE, and 47% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.
2 CARROL GROVE sits on a plot of roughly 0.111 of an acre, or 448m². The below map shows the location of 2 CARROL GROVE, 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 2 CARROL GROVE). 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.
2 CARROL GROVE is located in CHELTENHAM, in the GL51 postcode district. The below map shows the position of No. 2 on CARROL GROVE.