Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
2 HATHERLEY GATE is a large detached house of 169m², built sometime between 1983 and 1990. It was last sold for £850,000 in March 2024, which was around 39% above the average March 2024 detached price in the Cheltenham local authority area. The most recent EPC inspection was September 2023, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 2 HATHERLEY GATE since 1st 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. One of the two 2 HATHERLEY GATE sales was for above the average price, whilst the other was 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 |
---|---|---|---|
2024 12 MAR | £850,000 | £611,177 | 39% above HPI |
1997 30 JUL | £79,995 | £119,077 | 33% below HPI |
The below graph shows the average detached house price in the Cheltenham local authority area over time, sourced from the HPI. The two 2 HATHERLEY GATE sales from July 1997 and March 2024 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 1997 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the March 2024 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.
2 HATHERLEY GATE is 169m² according to the EPC inspection conducted in September 2023. This puts it in the largest 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 2 HATHERLEY GATE lies on this distribution: 77% of detached houses are smaller than 2 HATHERLEY GATE, and 23% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.
2 HATHERLEY GATE sits on a plot of roughly 0.186 of an acre, or 752m². The below map shows the location of 2 HATHERLEY GATE, 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 HATHERLEY GATE). 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 HATHERLEY GATE is located in CHELTENHAM, in the GL51 postcode district. The below map shows the position of No. 2 on HATHERLEY GATE.