49, NOVERTON LANE, PRESTBURY, CHELTENHAM, GL52 5DD - £430,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

49 NOVERTON LANE is a midsized extended detached house of 117m², built sometime between 1967 and 1975. It was last sold for £430,000 in October 2017, which was around 11% below the average October 2017 detached price in the Cheltenham local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was C.

49 NOVERTON LANE Sold Prices

Land registry data shows two sales for 49 NOVERTON LANE 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 49 NOVERTON LANE sales were for below 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
2017 26 OCT	£430,000	£481,658	11% below HPI
2015 17 JUL	£305,750	£407,626	25% below HPI

49 NOVERTON LANE 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 49 NOVERTON LANE sales from July 2015 and October 2017 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 July 2015 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the October 2017 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 49 NOVERTON LANE?

49 NOVERTON LANE is 117m², which includes one extension, according to the EPC inspection conducted in February 2017. This puts it in the smallest 50% of detached houses in Prestbury, based on EPC data. The below chart shows the distribution of detached houses by size in Prestbury, and where 49 NOVERTON LANE lies on this distribution: 41% of detached houses are smaller than 49 NOVERTON LANE, and 57% of houses are larger. Note that EPC data is not available for all properties in Prestbury.

49 NOVERTON LANE: Plot and Title Map

49 NOVERTON LANE sits on a plot of roughly 0.125 of an acre, or 506m². The below map shows the location of 49 NOVERTON LANE, 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 49 NOVERTON LANE). 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 49 NOVERTON LANE?

49 NOVERTON LANE is located in PRESTBURY, in the GL52 postcode district. The below map shows the position of No. 49 on NOVERTON LANE.