73, MARSH LANE, CHELTENHAM, GL51 9JE - £149,000

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

73 MARSH LANE is a small extended detached house of 99m², built sometime between 1967 and 1975. It was last sold for £149,000 in December 2012, which was around 57% below the average December 2012 detached price in the Cheltenham local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

73 MARSH LANE Sold Prices

Land registry data shows four sales for 73 MARSH LANE since 1^st 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 73 MARSH 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
2012 20 DEC	£149,000	£346,305	57% below HPI
2007 12 JUN	£176,000	£341,943	49% below HPI
2001 29 OCT	£92,300	£208,438	56% below HPI
1998 28 AUG	£52,000	£138,604	62% below HPI

73 MARSH 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 four 73 MARSH LANE sales between August 1998 and December 2012 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 June 2007 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the December 2012 sale, where it falls to 57% below the HPI. The line then continues to track at 57% below the HPI.

How Large is 73 MARSH LANE?

73 MARSH LANE is 99m², which includes one extension, according to the EPC inspection conducted in June 2022. 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 73 MARSH LANE lies on this distribution: 24% of detached houses are smaller than 73 MARSH LANE, and 76% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

73 MARSH LANE: Plot and Title Map

73 MARSH LANE sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 73 MARSH 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 73 MARSH 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 73 MARSH LANE?

73 MARSH LANE is located in CHELTENHAM, in the GL51 postcode district. The below map shows the position of No. 73 on MARSH LANE.