26, THE LANES, CHELTENHAM, GL53 0PU - £520,000

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

26 THE LANES is a midsized detached house of 130m², built sometime between 1983 and 1990. It was last sold for £520,000 in January 2020, which was around 6% above the average January 2020 detached price in the Cheltenham local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was C.

26 THE LANES Sold Prices

Land registry data shows four sales for 26 THE LANES since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cheltenham local authority area for the corresponding sale date. Most of the four 26 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
2020 22 JAN	£520,000	£489,009	6% above HPI
2013 8 JAN	£330,000	£343,470	4% below HPI
2005 29 JUL	£345,000	£310,272	11% above HPI
1999 24 FEB	£144,950	£135,998	7% above HPI

26 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 four 26 THE LANES sales between February 1999 and January 2020 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 January 2013 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the January 2020 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 26 THE LANES?

26 THE LANES is 130m² according to the EPC inspection conducted in August 2019. This puts it in the largest 50% of detached houses in Cheltenham, based on EPC data. The below chart shows the distribution of detached houses by size in Cheltenham, and where 26 THE LANES lies on this distribution: 53% of detached houses are smaller than 26 THE LANES, and 46% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

26 THE LANES: Plot and Title Map

26 THE LANES sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 26 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 26 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 26 THE LANES?

26 THE LANES is located in CHELTENHAM, in the GL53 postcode district. The below map shows the position of No. 26 on THE LANES.