22, THE LANES, CHELTENHAM, GL53 0PU - £343,000

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

22 THE LANES is a large extended detached house of 141m², built sometime between 1983 and 1990. It was last sold for £343,000 in September 2004, which was around 13% above the average September 2004 detached price in the Cheltenham local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

22 THE LANES Sold Prices

Land registry data shows two sales for 22 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 22 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
2004 9 SEP	£343,000	£302,894	13% above HPI
2003 28 MAR	£284,950	£268,668	6% above HPI

22 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 22 THE LANES sales from March 2003 and September 2004 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 March 2003 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the September 2004 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 22 THE LANES?

22 THE LANES is 141m², which includes three extensions, according to the EPC inspection conducted in March 2014. 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 22 THE LANES lies on this distribution: 62% of detached houses are smaller than 22 THE LANES, and 38% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

22 THE LANES: Plot and Title Map

22 THE LANES sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 22 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 22 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 22 THE LANES?

22 THE LANES is located in CHELTENHAM, in the GL53 postcode district. The below map shows the position of No. 22 on THE LANES.