27, THE LANES, CHELTENHAM, GL53 0PU - £535,000

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

27 THE LANES is a midsized extended detached house of 127m², built sometime between 1983 and 1990. It was last sold for £535,000 in November 2018, which was around 6% above the average November 2018 detached price in the Cheltenham local authority area. The most recent EPC inspection was December 2012, where the current energy rating was D, and the potential energy rating was B.

27 THE LANES Sold Prices

Land registry data shows three sales for 27 THE LANES 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 27 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
2018 2 NOV	£535,000	£504,786	6% above HPI
2013 19 JUN	£402,500	£351,791	14% above HPI
1999 30 JUL	£182,500	£143,853	27% above HPI

27 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 three 27 THE LANES sales between July 1999 and November 2018 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 June 2013 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the November 2018 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 27 THE LANES?

27 THE LANES is 127m², which includes two extensions, according to the EPC inspection conducted in December 2012. 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 27 THE LANES lies on this distribution: 51% of detached houses are smaller than 27 THE LANES, and 48% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

27 THE LANES: Plot and Title Map

27 THE LANES sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 27 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 27 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 27 THE LANES?

27 THE LANES is located in CHELTENHAM, in the GL53 postcode district. The below map shows the position of No. 27 on THE LANES.