3, MEADOW LANE, UP HATHERLEY, CHELTENHAM, GL51 3NP - £465,000

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 MEADOW LANE is a small extended detached house of 112m², built sometime between 1983 and 1990. It was last sold for £465,000 in September 2021, which was around 14% below the average September 2021 detached price in the Cheltenham local authority area. The most recent EPC inspection was January 2021, where the current energy rating was D, and the potential energy rating was C.

3 MEADOW LANE Sold Prices

Land registry data shows three sales for 3 MEADOW LANE since 1^st 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. All of the three 3 MEADOW LANE 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
2021 29 SEP	£465,000	£537,842	14% below HPI
2009 27 MAR	£250,000	£283,622	12% below HPI
2002 5 APR	£195,000	£223,096	13% below HPI

3 MEADOW LANE 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 three 3 MEADOW LANE sales between April 2002 and September 2021 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 2009 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the September 2021 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 3 MEADOW LANE?

3 MEADOW LANE is 112m², which includes one extension, according to the EPC inspection conducted in January 2021. This puts it in the smallest 40% 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 MEADOW LANE lies on this distribution: 36% of detached houses are smaller than 3 MEADOW LANE, and 63% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

3 MEADOW LANE: Plot and Title Map

3 MEADOW LANE sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 3 MEADOW LANE, 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 MEADOW LANE). 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 MEADOW LANE?

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