2, THE SPINNEY, CHELTENHAM, GL52 3JX - £550,000

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 THE SPINNEY is a large extended detached house of 176m², built sometime between 1983 and 1990. It was last sold for £550,000 in February 2015, which was around 41% above the average February 2015 detached price in the Cheltenham local authority area. The most recent EPC inspection was September 2015, where the current energy rating was C, and the potential energy rating was B.

2 THE SPINNEY Sold Prices

Land registry data shows three sales for 2 THE SPINNEY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cheltenham local authority area for the corresponding sale date. Two of the three 2 THE SPINNEY sales were for above the average price, whilst one 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
2015 12 FEB	£550,000	£391,280	41% above HPI
1999 26 APR	£78,300	£143,283	45% below HPI
1995 17 NOV	£147,000	£110,061	34% above HPI

2 THE SPINNEY 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 three 2 THE SPINNEY sales between November 1995 and February 2015 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 April 1999 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the February 2015 sale, where it rises to 41% above the HPI. The line then continues to track at 41% above the HPI.

How Large is 2 THE SPINNEY?

2 THE SPINNEY is 176m², which includes two extensions, according to the EPC inspection conducted in September 2015. 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 THE SPINNEY lies on this distribution: 79% of detached houses are smaller than 2 THE SPINNEY, and 20% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

2 THE SPINNEY: Plot and Title Map

2 THE SPINNEY sits on a plot of roughly 0.120 of an acre, or 485m². The below map shows the location of 2 THE SPINNEY, 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 THE SPINNEY). 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 THE SPINNEY?

2 THE SPINNEY is located in CHELTENHAM, in the GL52 postcode district. The below map shows the position of No. 2 on THE SPINNEY.