2, NEW BARN MEWS, CHELTENHAM, GL52 3LP - £398,000

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 NEW BARN MEWS is a very small extended detached house of 90m², built sometime between 1991 and 1995. It was last sold for £398,000 in November 2022, which was around 37% below the average November 2022 detached price in the Cheltenham local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was B.

2 NEW BARN MEWS Sold Prices

Land registry data shows two sales for 2 NEW BARN MEWS 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 NEW BARN MEWS 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 22 NOV	£398,000	£630,059	37% below HPI
1995 20 DEC	£82,500	£105,057	21% below HPI

2 NEW BARN MEWS 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 NEW BARN MEWS sales from December 1995 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 December 1995 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the November 2022 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 2 NEW BARN MEWS?

2 NEW BARN MEWS is 90m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the smallest 20% of detached houses in Prestbury, based on EPC data. The below chart shows the distribution of detached houses by size in Prestbury, and where 2 NEW BARN MEWS lies on this distribution: 17% of detached houses are smaller than 2 NEW BARN MEWS, and 83% of houses are larger. Note that EPC data is not available for all properties in Prestbury.

2 NEW BARN MEWS: Plot and Title Map

2 NEW BARN MEWS sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 2 NEW BARN MEWS, 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 NEW BARN MEWS). 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 NEW BARN MEWS?

2 NEW BARN MEWS is located in CHELTENHAM, in the GL52 postcode district. The below map shows the position of No. 2 on NEW BARN MEWS.