2, ROYAL OAK MEWS, CHELTENHAM, GL50 3PS - £170,000

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 ROYAL OAK MEWS is a very small detached house of 61m², built sometime between 1991 and 1995. It was last sold for £170,000 in July 2013, which was around 51% below the average July 2013 detached price in the Cheltenham local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was B.

2 ROYAL OAK MEWS Sold Prices

Land registry data shows seven sales for 2 ROYAL OAK MEWS since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the Cheltenham local authority area for the corresponding sale date. All of the seven 2 ROYAL OAK 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
2013 26 JUL	£170,000	£350,397	51% below HPI
2007 29 JUN	£173,450	£341,943	49% below HPI
2004 20 FEB	£135,500	£281,003	52% below HPI
1999 12 NOV	£69,000	£163,240	58% below HPI
1998 1 SEP	£60,000	£138,194	57% below HPI
1997 7 AUG	£59,500	£122,076	51% below HPI
1995 31 MAR	£55,000	£98,382	44% below HPI

2 ROYAL OAK 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 seven 2 ROYAL OAK MEWS sales between March 1995 and July 2013 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 2007 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the July 2013 sale, where it falls to 51% below the HPI. The line then continues to track at 51% below the HPI.

How Large is 2 ROYAL OAK MEWS?

2 ROYAL OAK MEWS is 61m² according to the EPC inspection conducted in April 2013. This puts it in the smallest 10% 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 ROYAL OAK MEWS lies on this distribution: 3% of detached houses are smaller than 2 ROYAL OAK MEWS, and 97% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

2 ROYAL OAK MEWS: Plot and Title Map

2 ROYAL OAK MEWS sits on a plot of roughly 0.019 of an acre, or 79m². The below map shows the location of 2 ROYAL OAK 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 ROYAL OAK 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 ROYAL OAK MEWS?

2 ROYAL OAK MEWS is located in CHELTENHAM, in the GL50 postcode district. The below map shows the position of No. 2 on ROYAL OAK MEWS.