28, CHARGROVE LANE, UP HATHERLEY, CHELTENHAM, GL51 3LP - £485,000

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

28 CHARGROVE LANE is a small detached house of 104m², built sometime from 2012 onwards. It was last sold for £485,000 in December 2023, which was around 19% below the average December 2023 detached price in the Cheltenham local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was B.

28 CHARGROVE LANE Sold Prices

Land registry data shows two sales for 28 CHARGROVE LANE 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 28 CHARGROVE 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
2023 18 DEC	£485,000	£601,395	19% below HPI
2013 18 NOV	£300,000	£360,464	17% below HPI

28 CHARGROVE 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 two 28 CHARGROVE LANE sales from November 2013 and December 2023 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 November 2013 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the December 2023 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 28 CHARGROVE LANE?

28 CHARGROVE LANE is 104m² according to the EPC inspection conducted in April 2023. This puts it in the smallest 30% of detached houses in Cheltenham, based on EPC data. The below chart shows the distribution of detached houses by size in Cheltenham, and where 28 CHARGROVE LANE lies on this distribution: 28% of detached houses are smaller than 28 CHARGROVE LANE, and 71% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

28 CHARGROVE LANE: Plot and Title Map

28 CHARGROVE LANE sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 28 CHARGROVE 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 28 CHARGROVE 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 28 CHARGROVE LANE?

28 CHARGROVE LANE is located in UP HATHERLEY, in the GL51 postcode district. The below map shows the position of No. 28 on CHARGROVE LANE.