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
4 THE GARDENS is a very large extended detached house of 215m², built sometime between 1976 and 1982. It was last sold for £1,112,500 in August 2024, which was around 83% above the average August 2024 detached price in the Cheltenham local authority area. The most recent EPC inspection was December 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 4 THE GARDENS since 1st 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 4 THE 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 |
---|---|---|---|
2024 9 AUG | £1,112,500 | £606,644 | 83% above HPI |
2018 1 AUG | £766,000 | £501,759 | 53% above HPI |
2016 30 MAR | £500,000 | £427,938 | 17% above HPI |
The below graph shows the average detached house price in the Cheltenham local authority area over time, sourced from the HPI. The three 4 THE GARDENS sales between March 2016 and August 2024 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 August 2018 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the August 2024 sale, where it rises to 83% above the HPI. The line then continues to track at 83% above the HPI.
4 THE GARDENS is 215m², which includes two extensions, according to the EPC inspection conducted in December 2023. This puts it in the largest 10% of detached houses in Cheltenham, based on EPC data. The below chart shows the distribution of detached houses by size in Cheltenham, and where 4 THE GARDENS lies on this distribution: 90% of detached houses are smaller than 4 THE GARDENS, and 10% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.
4 THE GARDENS sits on a plot of roughly 0.195 of an acre, or 789m². The below map shows the location of 4 THE 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 4 THE 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.
4 THE GARDENS is located in CHELTENHAM, in the GL50 postcode district. The below map shows the position of No. 4 on THE GARDENS.