33, PARK PLACE, CHELTENHAM, GL50 2RE - £1,050,000

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

33 PARK PLACE is a large extended detached house of 168m², built sometime between 1991 and 1995. It was last sold for £1,050,000 in August 2022, which was around 71% above the average August 2022 detached price in the Cheltenham local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

33 PARK PLACE Sold Prices

Land registry data shows three sales for 33 PARK PLACE 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 33 PARK PLACE 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
2022 4 AUG	£1,050,000	£612,945	71% above HPI
2003 20 OCT	£380,000	£267,286	42% above HPI
1998 23 JAN	£177,500	£123,571	44% above HPI

33 PARK PLACE 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 33 PARK PLACE sales between January 1998 and August 2022 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 October 2003 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the August 2022 sale, where it rises to 71% above the HPI. The line then continues to track at 71% above the HPI.

How Large is 33 PARK PLACE?

33 PARK PLACE is 168m², which includes two extensions, according to the EPC inspection conducted in March 2022. This puts it in the largest 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 33 PARK PLACE lies on this distribution: 76% of detached houses are smaller than 33 PARK PLACE, and 23% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

33 PARK PLACE: Plot and Title Map

33 PARK PLACE sits on a plot of roughly 0.121 of an acre, or 488m². The below map shows the location of 33 PARK PLACE, 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 33 PARK PLACE). 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 33 PARK PLACE?

33 PARK PLACE is located in CHELTENHAM, in the GL50 postcode district. The below map shows the position of No. 33 on PARK PLACE.