3, LARCHMERE GROVE, UP HATHERLEY, CHELTENHAM, GL51 3NS - £360,000

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 LARCHMERE GROVE is a small extended detached house of 104m², built sometime between 1983 and 1990. It was last sold for £360,000 in July 2015, which was around 12% below the average July 2015 detached price in the Cheltenham local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was C.

3 LARCHMERE GROVE Sold Prices

Land registry data shows four sales for 3 LARCHMERE GROVE 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 LARCHMERE GROVE 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
2015 2 JUL	£360,000	£407,626	12% below HPI
2005 17 JAN	£283,000	£297,611	5% below HPI
2003 27 JUN	£235,000	£266,225	12% below HPI
1995 28 JUL	£97,000	£103,703	6% below HPI

3 LARCHMERE GROVE 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 LARCHMERE GROVE sales between July 1995 and July 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 January 2005 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the July 2015 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 3 LARCHMERE GROVE?

3 LARCHMERE GROVE is 104m², which includes one extension, according to the EPC inspection conducted in February 2015. This puts it in the smallest 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 LARCHMERE GROVE lies on this distribution: 28% of detached houses are smaller than 3 LARCHMERE GROVE, and 71% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

3 LARCHMERE GROVE: Plot and Title Map

3 LARCHMERE GROVE sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 3 LARCHMERE 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 3 LARCHMERE 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.

Where is 3 LARCHMERE GROVE?

3 LARCHMERE GROVE is located in UP HATHERLEY, in the GL51 postcode district. The below map shows the position of No. 3 on LARCHMERE GROVE.