23, NOVERTON LANE, PRESTBURY, CHELTENHAM, GL52 5DD - £390,000

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

23 NOVERTON LANE is a midsized extended detached house of 119m², built sometime between 1967 and 1975. It was last sold for £390,000 in August 2016, which was around 11% below the average August 2016 detached price in the Cheltenham local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

23 NOVERTON LANE Sold Prices

Land registry data shows three sales for 23 NOVERTON LANE 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. All of the three 23 NOVERTON LANE 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
2016 10 AUG	£390,000	£439,401	11% below HPI
2001 5 OCT	£171,000	£208,438	18% below HPI
1996 6 SEP	£87,500	£105,217	17% below HPI

23 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 three 23 NOVERTON LANE sales between September 1996 and August 2016 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 October 2001 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the August 2016 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 23 NOVERTON LANE?

23 NOVERTON LANE is 119m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the smallest 50% of detached houses in Prestbury, based on EPC data. The below chart shows the distribution of detached houses by size in Prestbury, and where 23 NOVERTON LANE lies on this distribution: 44% of detached houses are smaller than 23 NOVERTON LANE, and 56% of houses are larger. Note that EPC data is not available for all properties in Prestbury.

23 NOVERTON LANE: Plot and Title Map

23 NOVERTON LANE sits on a plot of roughly 0.103 of an acre, or 418m². The below map shows the location of 23 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 23 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 23 NOVERTON LANE?

23 NOVERTON LANE is located in PRESTBURY, in the GL52 postcode district. The below map shows the position of No. 23 on NOVERTON LANE.