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 HIGHBURY MEWS is a midsized extended detached house of 124m², built sometime before 1900. It was last sold for £683,000 in February 2024, which was around 13% above the average February 2024 detached price in the Cheltenham local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 3 HIGHBURY MEWS 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 3 HIGHBURY MEWS 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 |
---|---|---|---|
2024 26 FEB | £683,000 | £604,740 | 13% above HPI |
2004 30 JUL | £295,000 | £289,478 | 2% above HPI |
1996 17 MAY | £81,000 | £102,226 | 21% below HPI |
The below graph shows the average detached house price in the Cheltenham local authority area over time, sourced from the HPI. The three 3 HIGHBURY MEWS sales between May 1996 and February 2024 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 July 2004 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the February 2024 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.
3 HIGHBURY MEWS is 124m², which includes three extensions, according to the EPC inspection conducted in July 2023. This puts it in the smallest 50% 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 HIGHBURY MEWS lies on this distribution: 48% of detached houses are smaller than 3 HIGHBURY MEWS, and 51% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.
3 HIGHBURY MEWS sits on a plot of roughly 0.040 of an acre, or 162m². The below map shows the location of 3 HIGHBURY MEWS, 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 HIGHBURY MEWS). 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 HIGHBURY MEWS is located in CHELTENHAM, in the GL52 postcode district. The below map shows the position of No. 3 on HIGHBURY MEWS.