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
3 ALBEMARLE GATE is a large detached house of 159m², built sometime between 1967 and 1975. It was last sold for £490,000 in June 2015, which was around 23% above the average June 2015 detached price in the Cheltenham local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 3 ALBEMARLE GATE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Cheltenham local authority area for the corresponding sale date. All of the five 3 ALBEMARLE GATE 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 |
---|---|---|---|
2015 19 JUN | £490,000 | £397,517 | 23% above HPI |
2009 30 NOV | £472,500 | £318,280 | 48% above HPI |
2004 10 JUN | £440,000 | £281,807 | 56% above HPI |
2003 4 APR | £329,000 | £264,908 | 24% above HPI |
2002 19 DEC | £277,000 | £257,560 | 8% above HPI |
The below graph shows the average detached house price in the Cheltenham local authority area over time, sourced from the HPI. The five 3 ALBEMARLE GATE sales between December 2002 and June 2015 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 2009 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the June 2015 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.
3 ALBEMARLE GATE is 159m² according to the EPC inspection conducted in October 2014. This puts it in the largest 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 3 ALBEMARLE GATE lies on this distribution: 72% of detached houses are smaller than 3 ALBEMARLE GATE, and 28% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.
3 ALBEMARLE GATE sits on a plot of roughly 0.197 of an acre, or 799m². The below map shows the location of 3 ALBEMARLE GATE, 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 3 ALBEMARLE GATE). 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.
3 ALBEMARLE GATE is located in CHELTENHAM, in the GL50 postcode district. The below map shows the position of No. 3 on ALBEMARLE GATE.