8, LARCHMERE GROVE, UP HATHERLEY, CHELTENHAM, GL51 3NS - £435,000

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

8 LARCHMERE GROVE is a small detached house of 106m², built sometime between 1983 and 1990. It was last sold for £435,000 in October 2020, which was around 18% below the average October 2020 detached price in the Cheltenham local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

8 LARCHMERE GROVE Sold Prices

Land registry data shows three sales for 8 LARCHMERE GROVE 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 8 LARCHMERE GROVE 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
2020 1 OCT	£435,000	£527,523	18% below HPI
2011 4 NOV	£305,000	£346,793	12% below HPI
2003 12 MAY	£212,000	£271,454	22% below HPI

8 LARCHMERE GROVE 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 8 LARCHMERE GROVE sales between May 2003 and October 2020 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 November 2011 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the October 2020 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 8 LARCHMERE GROVE?

8 LARCHMERE GROVE is 106m² according to the EPC inspection conducted in June 2020. 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 8 LARCHMERE GROVE lies on this distribution: 30% of detached houses are smaller than 8 LARCHMERE GROVE, and 70% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

8 LARCHMERE GROVE: Plot and Title Map

8 LARCHMERE GROVE sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 8 LARCHMERE GROVE, 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 8 LARCHMERE GROVE). 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 8 LARCHMERE GROVE?

8 LARCHMERE GROVE is located in UP HATHERLEY, in the GL51 postcode district. The below map shows the position of No. 8 on LARCHMERE GROVE.