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
50 GRACE GARDENS is a large extended detached house of 155m², built sometime between 1996 and 2002. It was last sold for £465,000 in April 2015, which was around 19% above the average April 2015 detached price in the Cheltenham local authority area. The most recent EPC inspection was September 2015, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 50 GRACE GARDENS since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cheltenham local authority area for the corresponding sale date. All of the four 50 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 |
---|---|---|---|
2015 30 APR | £465,000 | £389,988 | 19% above HPI |
2012 18 JUL | £415,000 | £355,410 | 17% above HPI |
2004 6 FEB | £350,000 | £281,003 | 25% above HPI |
2001 12 OCT | £265,000 | £208,438 | 27% above HPI |
The below graph shows the average detached house price in the Cheltenham local authority area over time, sourced from the HPI. The four 50 GRACE GARDENS sales between October 2001 and April 2015 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 2012 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the April 2015 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.
50 GRACE GARDENS is 155m², which includes one extension, according to the EPC inspection conducted in September 2015. 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 50 GRACE GARDENS lies on this distribution: 70% of detached houses are smaller than 50 GRACE GARDENS, and 29% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.
50 GRACE GARDENS sits on a plot of roughly 0.091 of an acre, or 367m². The below map shows the location of 50 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 50 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.
50 GRACE GARDENS is located in CHELTENHAM, in the GL51 postcode district. The below map shows the position of No. 50 on GRACE GARDENS.