7B, THE PARK, CHELTENHAM, GL50 2SL - £972,500

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

7B THE PARK is a very large detached house of 226m², built sometime between 1996 and 2002. It was last sold for £972,500 in March 2018, which was around 110% above the average March 2018 detached price in the Cheltenham local authority area. The most recent EPC inspection was June 2017, where the current energy rating was C, and the potential energy rating was C.

7B THE PARK Sold Prices

Land registry data shows four sales for 7B THE PARK 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 7B THE PARK 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
2018 26 MAR	£972,500	£463,973	110% above HPI
2004 3 DEC	£630,000	£297,039	112% above HPI
2002 15 FEB	£500,000	£215,316	132% above HPI
2000 14 JAN	£400,000	£169,833	136% above HPI

7B THE PARK 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 7B THE PARK sales between January 2000 and March 2018 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 December 2004 sale was for 112% above the HPI. So the extrapolation line tracks at 112% above the HPI over time, until the March 2018 sale, where it falls to 110% above the HPI. The line then continues to track at 110% above the HPI.

How Large is 7B THE PARK?

7B THE PARK is 226m² according to the EPC inspection conducted in June 2017. This puts it in the largest 10% of detached houses in Cheltenham, based on EPC data. The below chart shows the distribution of detached houses by size in Cheltenham, and where 7B THE PARK lies on this distribution: 91% of detached houses are smaller than 7B THE PARK, and 8% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

7B THE PARK: Plot and Title Map

7B THE PARK sits on a plot of roughly 0.091 of an acre, or 367m². The below map shows the location of 7B THE PARK, 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 7B THE PARK). 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 7B THE PARK?

7B THE PARK is located in CHELTENHAM, in the GL50 postcode district. The below map shows the position of No. 7B on THE PARK.