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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 NEW BARN MEWS is a very small extended detached house of 90m², built sometime between 1991 and 1995, which could now be worth an estimated £386,065. It was last sold for £398,000 in November 2022, which was around 39% 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	£650,226	39% below HPI
1995 20 DEC	£82,500	£108,420	24% 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 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the November 2022 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 2 NEW BARN MEWS be worth now?

2 NEW BARN MEWS might now be worth an estimated £386,065.

This is based on house price deflation of 3%, between November 2022 and February 2025, for detached houses, in the Cheltenham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3% deflationary decrease is applied to the most recent sale price for 2 NEW BARN MEWS of £398,000 on 22nd November 2022. For the value to have decreased from £398,000 to £386,065 over the three years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 NEW BARN MEWS has moved in line with the HPI for detached houses in the Cheltenham local authority area.
• The November 2022 sale price of £398,000 represented a fair market value for the property.
• The size, condition, and specification of 2 NEW BARN MEWS has not materially changed since November 2022.

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 houses in Prestbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Prestbury, and where 2 NEW BARN MEWS lies on this distribution: 16% of detached houses houses are smaller than 2 NEW BARN MEWS, and 84% 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.