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 CLEEVELANDS AVENUE is a large extended semi-detached house of 170m², built sometime between 1950 and 1966. It was last sold for £340,000 in May 2014, which was around 10% below the average May 2014 detached price in the Cheltenham local authority area. The most recent EPC inspection was February 2014, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 3 CLEEVELANDS AVENUE since 1st 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 3 CLEEVELANDS AVENUE 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 |
---|---|---|---|
2014 30 MAY | £340,000 | £378,304 | 10% below HPI |
2006 20 DEC | £245,000 | £333,141 | 26% below HPI |
The below graph shows the average detached house price in the Cheltenham local authority area over time, sourced from the HPI. The two 3 CLEEVELANDS AVENUE sales from December 2006 and May 2014 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 December 2006 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the May 2014 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.
3 CLEEVELANDS AVENUE is 170m², which includes four extensions, according to the EPC inspection conducted in February 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 CLEEVELANDS AVENUE lies on this distribution: 77% of detached houses are smaller than 3 CLEEVELANDS AVENUE, and 22% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.
3 CLEEVELANDS AVENUE sits on a plot of roughly 0.119 of an acre, or 483m². The below map shows the location of 3 CLEEVELANDS AVENUE, 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 CLEEVELANDS AVENUE). 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 CLEEVELANDS AVENUE is located in CHELTENHAM, in the GL50 postcode district. The below map shows the position of No. 3 on CLEEVELANDS AVENUE.