FAIRGARTH, NOVERTON LANE, PRESTBURY, CHELTENHAM, GL52 5BB - £755,000

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

FAIRGARTH is a large detached house of 170m², built sometime between 1950 and 1966. It was last sold for £755,000 in September 2016, which was around 71% above the average September 2016 detached price in the Cheltenham local authority area. The most recent EPC inspection was October 2015, where the current energy rating was E, and the potential energy rating was B.

FAIRGARTH Sold Prices

Land registry data shows two sales for FAIRGARTH 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 FAIRGARTH 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
2016 9 SEP	£755,000	£440,353	71% above HPI
2016 3 MAR	£640,000	£427,938	50% above HPI

FAIRGARTH 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 FAIRGARTH sales from March 2016 and September 2016 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 2016 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the September 2016 sale, where it rises to 71% above the HPI. The line then continues to track at 71% above the HPI.

How Large is FAIRGARTH?

FAIRGARTH is 170m² according to the EPC inspection conducted in October 2015. This puts it in the largest 30% of detached houses in Prestbury, based on EPC data. The below chart shows the distribution of detached houses by size in Prestbury, and where FAIRGARTH lies on this distribution: 78% of detached houses are smaller than FAIRGARTH, and 22% of houses are larger. Note that EPC data is not available for all properties in Prestbury.

FAIRGARTH: Plot and Title Map

FAIRGARTH sits on a plot of roughly 0.429 of an acre, or 1,738m². The below map shows the location of FAIRGARTH, 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 FAIRGARTH). 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 FAIRGARTH?

FAIRGARTH is located on NOVERTON LANE in PRESTBURY, in the GL52 postcode district. The below map shows the position of FAIRGARTH on NOVERTON LANE.