2, DENMAN AVENUE, CHELTENHAM, GL50 4GH - £400,000

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

2 DENMAN AVENUE is a large extended detached house of 146m², built sometime from 2012 onwards. It was last sold for £400,000 in January 2021, which was around 27% below the average January 2021 detached price in the Cheltenham local authority area. The most recent EPC inspection was May 2024, where the current energy rating was A, and the potential energy rating was A.

2 DENMAN AVENUE Sold Prices

Land registry data shows two sales for 2 DENMAN AVENUE 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 2 DENMAN AVENUE 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
2021 12 JAN	£400,000	£546,207	27% below HPI
2013 31 JUL	£289,950	£350,397	17% below HPI

2 DENMAN AVENUE 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 2 DENMAN AVENUE sales from July 2013 and January 2021 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 2013 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the January 2021 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 2 DENMAN AVENUE?

2 DENMAN AVENUE is 146m², which includes one extension, according to the EPC inspection conducted in May 2024. This puts it in the largest 40% 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 DENMAN AVENUE lies on this distribution: 66% of detached houses are smaller than 2 DENMAN AVENUE, and 34% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

2 DENMAN AVENUE: Plot and Title Map

2 DENMAN AVENUE sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 2 DENMAN AVENUE, 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 DENMAN AVENUE). 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 2 DENMAN AVENUE?

2 DENMAN AVENUE is located in CHELTENHAM, in the GL50 postcode district. The below map shows the position of No. 2 on DENMAN AVENUE.