2, LARCH RISE, CHELTENHAM, GL53 0PY - £385,000

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 LARCH RISE is a large extended detached house of 140m², built sometime between 1983 and 1990. It was last sold for £385,000 in July 2012, which was around 8% above the average July 2012 detached price in the Cheltenham local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was D.

2 LARCH RISE Sold Prices

Land registry data shows two sales for 2 LARCH RISE 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 LARCH RISE 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
2012 25 JUL	£385,000	£355,410	8% above HPI
1999 4 JUN	£183,500	£139,372	32% above HPI

2 LARCH RISE 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 LARCH RISE sales from June 1999 and July 2012 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 June 1999 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the July 2012 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 2 LARCH RISE?

2 LARCH RISE is 140m², which includes one extension, according to the EPC inspection conducted in March 2012. 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 LARCH RISE lies on this distribution: 62% of detached houses are smaller than 2 LARCH RISE, and 38% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

2 LARCH RISE: Plot and Title Map

2 LARCH RISE sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 2 LARCH RISE, 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 LARCH RISE). 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 LARCH RISE?

2 LARCH RISE is located in CHELTENHAM, in the GL53 postcode district. The below map shows the position of No. 2 on LARCH RISE.