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 NOVERTON LANE is a midsized extended detached house of 127m², built sometime between 1900 and 1929. It was last sold for £638,750 in November 2021, which was around 16% above the average November 2021 detached price in the Cheltenham local authority area. The most recent EPC inspection was September 2014, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows four sales for 28 NOVERTON LANE since 1st 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 28 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 |
---|---|---|---|
2021 29 NOV | £638,750 | £552,727 | 16% above HPI |
2006 30 JUN | £300,000 | £316,112 | 5% below HPI |
2001 5 JAN | £172,000 | £187,193 | 8% below HPI |
1998 26 JUN | £120,000 | £134,306 | 11% below HPI |
The below graph shows the average detached house price in the Cheltenham local authority area over time, sourced from the HPI. The four 28 NOVERTON LANE sales between June 1998 and November 2021 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 2006 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the November 2021 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.
28 NOVERTON LANE is 127m², which includes one extension, according to the EPC inspection conducted in September 2014. 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 28 NOVERTON LANE lies on this distribution: 48% of detached houses are smaller than 28 NOVERTON LANE, and 51% of houses are larger. Note that EPC data is not available for all properties in Prestbury.
28 NOVERTON LANE sits on a plot of roughly 0.105 of an acre, or 425m². The below map shows the location of 28 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 28 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.
28 NOVERTON LANE is located in PRESTBURY, in the GL52 postcode district. The below map shows the position of No. 28 on NOVERTON LANE.