4, THE GROVE, CHELTENHAM, GL50 2PN - £460,000

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

4 THE GROVE is a midsized extended detached house of 124m², built sometime between 1967 and 1975. It was last sold for £460,000 in November 2013, which was around 28% above the average November 2013 detached price in the Cheltenham local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was C.

4 THE GROVE Sold Prices

Land registry data shows two sales for 4 THE GROVE 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 4 THE GROVE 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
2013 8 NOV	£460,000	£360,464	28% above HPI
1995 23 MAY	£105,000	£101,555	3% above HPI

4 THE GROVE 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 4 THE GROVE sales from May 1995 and November 2013 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 1995 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the November 2013 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is 4 THE GROVE?

4 THE GROVE is 124m², which includes three extensions, according to the EPC inspection conducted in April 2013. This puts it in the smallest 50% 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 GROVE lies on this distribution: 48% of detached houses are smaller than 4 THE GROVE, and 51% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

4 THE GROVE: Plot and Title Map

4 THE GROVE sits on a plot of roughly 0.169 of an acre, or 684m². The below map shows the location of 4 THE GROVE, 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 GROVE). 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 4 THE GROVE?

4 THE GROVE is located in CHELTENHAM, in the GL50 postcode district. The below map shows the position of No. 4 on THE GROVE.