CROSSWAYS, OLD REDDINGS ROAD, THE REDDINGS, CHELTENHAM, GL51 6RZ - £408,500

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

CROSSWAYS is a very large extended detached house of 189m², built sometime between 1950 and 1966. It was last sold for £408,500 in April 2013, which was around 17% above the average April 2013 detached price in the Cheltenham local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was C.

CROSSWAYS Sold Prices

Land registry data shows two sales for CROSSWAYS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cheltenham local authority area for the corresponding sale date. Both of the two CROSSWAYS 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
2013 19 APR	£408,500	£349,959	17% above HPI
2006 7 MAR	£405,000	£322,587	26% above HPI

CROSSWAYS 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 two CROSSWAYS sales from March 2006 and April 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 March 2006 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the April 2013 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is CROSSWAYS?

CROSSWAYS is 189m², which includes one extension, according to the EPC inspection conducted in February 2013. 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 CROSSWAYS lies on this distribution: 84% of detached houses are smaller than CROSSWAYS, and 15% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

CROSSWAYS: Plot and Title Map

CROSSWAYS sits on a plot of roughly 0.240 of an acre, or 972m². The below map shows the location of CROSSWAYS, 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 CROSSWAYS). 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 CROSSWAYS?

CROSSWAYS is located on OLD REDDINGS ROAD in THE REDDINGS, in the GL51 postcode district. The below map shows the position of CROSSWAYS on OLD REDDINGS ROAD.