3, LEXINGTON SQUARE, CHELTENHAM, GL52 3LT - £785,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 LEXINGTON SQUARE is a very large extended detached house of 210m², built sometime between 2003 and 2006. It was last sold for £785,000 in March 2023, which was around 31% above the average March 2023 detached price in the Cheltenham local authority area. The most recent EPC inspection was February 2015, where the current energy rating was C, and the potential energy rating was B.

3 LEXINGTON SQUARE Sold Prices

Land registry data shows two sales for 3 LEXINGTON SQUARE since 1^st 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 LEXINGTON SQUARE 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
2023 30 MAR	£785,000	£598,881	31% above HPI
2005 23 MAR	£450,000	£307,830	46% above HPI

3 LEXINGTON SQUARE 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 two 3 LEXINGTON SQUARE sales from March 2005 and March 2023 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 March 2005 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the March 2023 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

How Large is 3 LEXINGTON SQUARE?

3 LEXINGTON SQUARE is 210m², which includes one extension, according to the EPC inspection conducted in February 2015. This puts it in the largest 20% 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 LEXINGTON SQUARE lies on this distribution: 89% of detached houses are smaller than 3 LEXINGTON SQUARE, and 11% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

3 LEXINGTON SQUARE: Plot and Title Map

3 LEXINGTON SQUARE sits on a plot of roughly 0.146 of an acre, or 591m². The below map shows the location of 3 LEXINGTON SQUARE, 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 LEXINGTON SQUARE). 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 LEXINGTON SQUARE?

3 LEXINGTON SQUARE is located in CHELTENHAM, in the GL52 postcode district. The below map shows the position of No. 3 on LEXINGTON SQUARE.