CANONBURY, WEST DRIVE, CHELTENHAM, GL50 4LB - £995,000

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

CANONBURY is a very large extended detached house of 192m², built sometime between 1996 and 2002. It was last sold for £995,000 in December 2021, which was around 80% above the average December 2021 detached price in the Cheltenham local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was C.

CANONBURY Sold Prices

Land registry data shows four sales for CANONBURY 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 CANONBURY 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
2021 8 DEC	£995,000	£553,009	80% above HPI
2019 7 JUN	£700,000	£483,518	45% above HPI
2000 2 JUN	£325,000	£180,006	81% above HPI
1999 23 AUG	£245,000	£149,949	63% above HPI

CANONBURY 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 CANONBURY sales between August 1999 and December 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 June 2019 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the December 2021 sale, where it rises to 80% above the HPI. The line then continues to track at 80% above the HPI.

How Large is CANONBURY?

CANONBURY is 192m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the largest 20% of detached houses in Cheltenham, based on EPC data. The below chart shows the distribution of detached houses by size in Cheltenham, and where CANONBURY lies on this distribution: 85% of detached houses are smaller than CANONBURY, and 14% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

CANONBURY: Plot and Title Map

CANONBURY sits on a plot of roughly 0.102 of an acre, or 414m². The below map shows the location of CANONBURY, 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 CANONBURY). 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 CANONBURY?

CANONBURY is located on WEST DRIVE in CHELTENHAM, in the GL50 postcode district. The below map shows the position of CANONBURY on WEST DRIVE.