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 SAVILLE CLOSE is a very large extended detached house of 195m², built sometime between 1950 and 1966. It was last sold for £470,000 in January 2014, which was around 31% above the average January 2014 detached price in the Cheltenham local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 3 SAVILLE CLOSE since 1st 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. One of the two 3 SAVILLE CLOSE sales was for above the average price, whilst the other 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 |
---|---|---|---|
2014 29 JAN | £470,000 | £359,649 | 31% above HPI |
2006 7 NOV | £256,500 | £335,924 | 24% below HPI |
The below graph shows the average detached house price in the Cheltenham local authority area over time, sourced from the HPI. The two 3 SAVILLE CLOSE sales from November 2006 and January 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 November 2006 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the January 2014 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.
3 SAVILLE CLOSE is 195m², which includes two extensions, according to the EPC inspection conducted in May 2013. 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 SAVILLE CLOSE lies on this distribution: 86% of detached houses are smaller than 3 SAVILLE CLOSE, and 14% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.
3 SAVILLE CLOSE sits on a plot of roughly 0.240 of an acre, or 970m². The below map shows the location of 3 SAVILLE CLOSE, 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 SAVILLE CLOSE). 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 SAVILLE CLOSE is located in CHELTENHAM, in the GL50 postcode district. The below map shows the position of No. 3 on SAVILLE CLOSE.