52, PILLEY LANE, CHELTENHAM, GL53 9ER - £415,000

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

52 PILLEY LANE is a small extended detached house of 99m², built sometime between 1900 and 1929. It was last sold for £415,000 in March 2021, which was around 21% below the average March 2021 detached price in the Cheltenham local authority area. The most recent EPC inspection was September 2023, where the current energy rating was D, and the potential energy rating was B.

52 PILLEY LANE Sold Prices

Land registry data shows three sales for 52 PILLEY LANE since 1^st 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 52 PILLEY 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
2021 24 MAR	£415,000	£524,521	21% below HPI
2017 31 JUL	£380,000	£470,812	19% below HPI
2014 29 MAY	£325,000	£378,304	14% below HPI

52 PILLEY 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 three 52 PILLEY LANE sales between May 2014 and March 2021 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 2017 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the March 2021 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 52 PILLEY LANE?

52 PILLEY LANE is 99m², which includes two extensions, according to the EPC inspection conducted in September 2023. This puts it in the smallest 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 52 PILLEY LANE lies on this distribution: 24% of detached houses are smaller than 52 PILLEY LANE, and 76% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

52 PILLEY LANE: Plot and Title Map

52 PILLEY LANE sits on a plot of roughly 0.041 of an acre, or 167m². The below map shows the location of 52 PILLEY 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 52 PILLEY 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 52 PILLEY LANE?

52 PILLEY LANE is located in CHELTENHAM, in the GL53 postcode district. The below map shows the position of No. 52 on PILLEY LANE.