3, LARCH RISE, CHELTENHAM, GL53 0PY - £257,500

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 LARCH RISE is a very small detached house of 61m², built sometime between 1991 and 1995. It was last sold for £257,500 in July 2014, which was around 33% below the average July 2014 detached price in the Cheltenham local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was B.

3 LARCH RISE Sold Prices

Land registry data shows four sales for 3 LARCH RISE 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 3 LARCH RISE 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 3 JUL	£257,500	£381,848	33% below HPI
1999 3 DEC	£127,500	£163,323	22% below HPI
1997 10 NOV	£98,000	£125,285	22% below HPI
1996 19 JUL	£81,000	£108,174	25% below HPI

3 LARCH RISE 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 3 LARCH RISE sales between July 1996 and July 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 1999 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the July 2014 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 3 LARCH RISE?

3 LARCH RISE is 61m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 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 3 LARCH RISE lies on this distribution: 3% of detached houses are smaller than 3 LARCH RISE, and 97% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

3 LARCH RISE: Plot and Title Map

3 LARCH RISE sits on a plot of roughly 0.052 of an acre, or 209m². The below map shows the location of 3 LARCH RISE, 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 LARCH RISE). 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 3 LARCH RISE?

3 LARCH RISE is located in CHELTENHAM, in the GL53 postcode district. The below map shows the position of No. 3 on LARCH RISE.