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
97 NEW BARN LANE is a midsized extended detached house of 130m², built sometime between 1996 and 2002. It was last sold for £397,000 in January 2013, which was around 16% above the average January 2013 detached price in the Cheltenham local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 97 NEW BARN LANE 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. two of the four 97 NEW BARN LANE sales were for above the average price, and four 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 |
---|---|---|---|
2013 7 JAN | £397,000 | £343,470 | 16% above HPI |
1999 23 APR | £60,000 | £143,283 | 58% below HPI |
1997 29 AUG | £149,995 | £122,076 | 23% above HPI |
1996 31 JUL | £70,000 | £108,174 | 35% below HPI |
The below graph shows the average detached house price in the Cheltenham local authority area over time, sourced from the HPI. The four 97 NEW BARN LANE sales between July 1996 and January 2013 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 April 1999 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the January 2013 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.
97 NEW BARN LANE is 130m², which includes one extension, according to the EPC inspection conducted in October 2023. This puts it in the largest 50% of detached houses in Cheltenham, based on EPC data. The below chart shows the distribution of detached houses by size in Cheltenham, and where 97 NEW BARN LANE lies on this distribution: 53% of detached houses are smaller than 97 NEW BARN LANE, and 46% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.
97 NEW BARN LANE sits on a plot of roughly 0.107 of an acre, or 432m². The below map shows the location of 97 NEW BARN 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 97 NEW BARN 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.
97 NEW BARN LANE is located in CHELTENHAM, in the GL52 postcode district. The below map shows the position of No. 97 on NEW BARN LANE.