21, NOVERTON LANE, PRESTBURY, CHELTENHAM, GL52 5DD - £1,200,000

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

21 NOVERTON LANE is a very large extended detached house of 300m², built sometime between 1950 and 1966. It was last sold for £1,200,000 in June 2023, which was around 94% above the average June 2023 detached price in the Cheltenham local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was C.

21 NOVERTON LANE Sold Prices

Land registry data shows two sales for 21 NOVERTON LANE 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 21 NOVERTON LANE 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
2023 16 JUN	£1,200,000	£619,340	94% above HPI
2016 15 AUG	£505,000	£439,401	15% above HPI

21 NOVERTON LANE 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 21 NOVERTON LANE sales from August 2016 and June 2023 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 August 2016 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the June 2023 sale, where it rises to 94% above the HPI. The line then continues to track at 94% above the HPI.

How Large is 21 NOVERTON LANE?

21 NOVERTON LANE is 300m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the largest 10% of detached houses in Prestbury, based on EPC data. The below chart shows the distribution of detached houses by size in Prestbury, and where 21 NOVERTON LANE lies on this distribution: 97% of detached houses are smaller than 21 NOVERTON LANE, and 3% of houses are larger. Note that EPC data is not available for all properties in Prestbury.

21 NOVERTON LANE: Plot and Title Map

21 NOVERTON LANE sits on a plot of roughly 0.240 of an acre, or 972m². The below map shows the location of 21 NOVERTON LANE, 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 21 NOVERTON LANE). 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 21 NOVERTON LANE?

21 NOVERTON LANE is located in PRESTBURY, in the GL52 postcode district. The below map shows the position of No. 21 on NOVERTON LANE.