38, GRACE GARDENS, CHELTENHAM, GL51 6QE - £650,000

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

38 GRACE GARDENS is a very large extended detached house of 187m², built sometime between 1996 and 2002. It was last sold for £650,000 in September 2014, which was around 65% above the average September 2014 detached price in the Cheltenham local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

38 GRACE GARDENS Sold Prices

Land registry data shows two sales for 38 GRACE GARDENS 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 38 GRACE GARDENS 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
2014 19 SEP	£650,000	£393,640	65% above HPI
2001 1 JUN	£375,000	£203,323	84% above HPI

38 GRACE GARDENS 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 38 GRACE GARDENS sales from June 2001 and September 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 June 2001 sale was for 84% above the HPI. So the extrapolation line tracks at 84% above the HPI over time, until the September 2014 sale, where it falls to 65% above the HPI. The line then continues to track at 65% above the HPI.

How Large is 38 GRACE GARDENS?

38 GRACE GARDENS is 187m², which includes one extension, according to the EPC inspection conducted in April 2014. 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 38 GRACE GARDENS lies on this distribution: 83% of detached houses are smaller than 38 GRACE GARDENS, and 16% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

38 GRACE GARDENS: Plot and Title Map

38 GRACE GARDENS sits on a plot of roughly 0.214 of an acre, or 866m². The below map shows the location of 38 GRACE GARDENS, 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 38 GRACE GARDENS). 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 38 GRACE GARDENS?

38 GRACE GARDENS is located in CHELTENHAM, in the GL51 postcode district. The below map shows the position of No. 38 on GRACE GARDENS.