21, THE LANES, CHELTENHAM, GL53 0PU - £389,000

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 THE LANES is a large detached house of 146m², built sometime between 1991 and 1995. It was last sold for £389,000 in December 2006, which was around 17% above the average December 2006 detached price in the Cheltenham local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was B.

21 THE LANES Sold Prices

Land registry data shows two sales for 21 THE LANES 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 THE LANES 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
2006 19 DEC	£389,000	£333,141	17% above HPI
2002 26 APR	£290,000	£223,096	30% above HPI

21 THE LANES 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 THE LANES sales from April 2002 and December 2006 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 2002 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the December 2006 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 21 THE LANES?

21 THE LANES is 146m² according to the EPC inspection conducted in August 2018. This puts it in the largest 40% of detached houses in Cheltenham, based on EPC data. The below chart shows the distribution of detached houses by size in Cheltenham, and where 21 THE LANES lies on this distribution: 66% of detached houses are smaller than 21 THE LANES, and 34% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

21 THE LANES: Plot and Title Map

21 THE LANES sits on a plot of roughly 0.102 of an acre, or 411m². The below map shows the location of 21 THE LANES, 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 THE LANES). 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 THE LANES?

21 THE LANES is located in CHELTENHAM, in the GL53 postcode district. The below map shows the position of No. 21 on THE LANES.