FIRBANK, BALCARRAS ROAD, CHARLTON KINGS, CHELTENHAM, GL53 8QG - £575,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

FIRBANK is a very large detached house of 209m², built sometime between 1983 and 1990, which could now be worth an estimated £1,016,619. It was last sold for £575,000 in October 2011, which was around 61% above the average October 2011 detached price in the Cheltenham local authority area. The most recent EPC inspection was September 2010, where the current energy rating was E, and the potential energy rating was D.

FIRBANK Sold Prices

Land registry data shows two sales for FIRBANK 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 FIRBANK 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
2011 28 OCT	£575,000	£356,740	61% above HPI
2003 9 MAY	£415,000	£280,143	48% above HPI

FIRBANK 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 FIRBANK sales from May 2003 and October 2011 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 May 2003 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the October 2011 sale, where it rises to 61% above the HPI. The line then continues to track at 61% above the HPI.

What might FIRBANK be worth now?

FIRBANK might now be worth an estimated £1,016,619.

This is based on house price inflation of 76.8%, between October 2011 and February 2025, for detached houses, in the Cheltenham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 76.8% inflationary increase is applied to the most recent sale price for FIRBANK of £575,000 on 28th October 2011. For the value to have increased from £575,000 to £1,016,619 over the fourteen years and eight months to February 2025, the following assumptions must hold true:

• The value of FIRBANK has moved in line with the HPI for detached houses in the Cheltenham local authority area.
• The October 2011 sale price of £575,000 represented a fair market value for the property.
• The size, condition, and specification of FIRBANK has not materially changed since October 2011.

How Large is FIRBANK?

FIRBANK is 209m² according to the EPC inspection conducted in September 2010. This puts it in the largest 20% of detached houses houses in Cheltenham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cheltenham, and where FIRBANK lies on this distribution: 89% of detached houses houses are smaller than FIRBANK, and 11% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

FIRBANK: Plot and Title Map

FIRBANK sits on a plot of roughly 0.157 of an acre, or 637m². The below map shows the location of FIRBANK, 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 FIRBANK). 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 FIRBANK?

FIRBANK is located on BALCARRAS ROAD in CHARLTON KINGS, in the GL53 postcode district. The below map shows the position of FIRBANK on BALCARRAS ROAD.