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 THE GROVE is a large extended detached house of 148m², built sometime between 1930 and 1949. It was last sold for £355,000 in March 2009, which was around 25% above the average March 2009 detached price in the Cheltenham local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 29 THE GROVE since 1st 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. Two of the three 29 THE GROVE sales were for above the average price, whilst one was 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 |
---|---|---|---|
2009 19 MAR | £355,000 | £283,622 | 25% above HPI |
2000 4 AUG | £165,000 | £183,287 | 10% below HPI |
1996 22 NOV | £126,500 | £108,835 | 16% above HPI |
The below graph shows the average detached house price in the Cheltenham local authority area over time, sourced from the HPI. The three 29 THE GROVE sales between November 1996 and March 2009 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 August 2000 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the March 2009 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.
29 THE GROVE is 148m², which includes one extension, according to the EPC inspection conducted in February 2023. This puts it in the largest 40% 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 THE GROVE lies on this distribution: 67% of detached houses are smaller than 29 THE GROVE, and 33% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.
29 THE GROVE sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 29 THE GROVE, 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 THE GROVE). 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.
29 THE GROVE is located in CHELTENHAM, in the GL52 postcode district. The below map shows the position of No. 29 on THE GROVE.