29, PARK PLACE, CHELTENHAM, GL50 2RE - £1,700,000

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

29 PARK PLACE is a very large extended detached house of 307m², built sometime before 1900. It was last sold for £1,700,000 in October 2017, which was around 253% above the average October 2017 detached price in the Cheltenham local authority area. The most recent EPC inspection was February 2012, where the current energy rating was F, and the potential energy rating was E.

29 PARK PLACE Sold Prices

Land registry data shows four sales for 29 PARK PLACE 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. All of the four 29 PARK PLACE 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
2017 6 OCT	£1,700,000	£481,658	253% above HPI
2012 29 JUN	£1,400,000	£348,211	302% above HPI
2001 22 JUN	£606,000	£203,323	198% above HPI
1997 29 AUG	£261,000	£122,076	114% above HPI

29 PARK PLACE 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 29 PARK PLACE sales between August 1997 and October 2017 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 2012 sale was for 302% above the HPI. So the extrapolation line tracks at 302% above the HPI over time, until the October 2017 sale, where it falls to 253% above the HPI. The line then continues to track at 253% above the HPI.

How Large is 29 PARK PLACE?

29 PARK PLACE is 307m², which includes one extension, according to the EPC inspection conducted in February 2012. This puts it in the largest 10% of detached houses in Cheltenham, based on EPC data. The below chart shows the distribution of detached houses by size in Cheltenham, and where 29 PARK PLACE lies on this distribution: 97% of detached houses are smaller than 29 PARK PLACE, and 3% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

29 PARK PLACE: Plot and Title Map

29 PARK PLACE sits on a plot of roughly 0.220 of an acre, or 892m². The below map shows the location of 29 PARK PLACE, 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 29 PARK PLACE). 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 29 PARK PLACE?

29 PARK PLACE is located in CHELTENHAM, in the GL50 postcode district. The below map shows the position of No. 29 on PARK PLACE.