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
38 REDGROVE PARK is a large detached house of 171m², built sometime between 1991 and 1995. It was last sold for £450,000 in July 2006, which was around 41% above the average July 2006 detached price in the Cheltenham local authority area. The most recent EPC inspection was November 2016, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows two sales for 38 REDGROVE PARK 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. Both of the two 38 REDGROVE PARK 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 |
---|---|---|---|
2006 27 JUL | £450,000 | £320,172 | 41% above HPI |
1996 31 MAY | £185,000 | £102,226 | 81% above HPI |
The below graph shows the average detached house price in the Cheltenham local authority area over time, sourced from the HPI. The two 38 REDGROVE PARK sales from May 1996 and July 2006 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 May 1996 sale was for 81% above the HPI. So the extrapolation line tracks at 81% above the HPI over time, until the July 2006 sale, where it falls to 41% above the HPI. The line then continues to track at 41% above the HPI.
38 REDGROVE PARK is 171m² according to the EPC inspection conducted in November 2016. 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 38 REDGROVE PARK lies on this distribution: 78% of detached houses are smaller than 38 REDGROVE PARK, and 22% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.
38 REDGROVE PARK sits on a plot of roughly 3.3 acres, or 13,248m². The below map shows the location of 38 REDGROVE PARK, 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 REDGROVE PARK). 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.
38 REDGROVE PARK is located in CHELTENHAM, in the GL51 postcode district. The below map shows the position of No. 38 on REDGROVE PARK.