GRANLEY MEWS, GRANLEY DRIVE, CHELTENHAM, GL51 7AX - £270,000

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.

GRANLEY MEWS is a very small detached house of 63m², built sometime between 1976 and 1982, which could now be worth an estimated £275,406. It was last sold for £270,000 in December 2023, which was around 56% below the average December 2023 detached price in the Cheltenham local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was B.

GRANLEY MEWS Sold Prices

Land registry data shows two sales for GRANLEY MEWS 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 GRANLEY MEWS sales 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
2023 8 DEC	£270,000	£618,347	56% below HPI
2015 22 DEC	£150,000	£428,434	65% below HPI

GRANLEY MEWS 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 GRANLEY MEWS sales from December 2015 and December 2023 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 December 2015 sale was for 65% below the HPI. So the extrapolation line tracks at 65% below the HPI over time, until the December 2023 sale, where it rises to 56% below the HPI. The line then continues to track at 56% below the HPI.

What might GRANLEY MEWS be worth now?

GRANLEY MEWS might now be worth an estimated £275,406.

This is based on house price inflation of 2%, between December 2023 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 2% inflationary increase is applied to the most recent sale price for GRANLEY MEWS of £270,000 on 8th December 2023. For the value to have increased from £270,000 to £275,406 over the two years and ten months to February 2025, the following assumptions must hold true:

• The value of GRANLEY MEWS has moved in line with the HPI for detached houses in the Cheltenham local authority area.
• The December 2023 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of GRANLEY MEWS has not materially changed since December 2023.

How Large is GRANLEY MEWS?

GRANLEY MEWS is 63m² according to the EPC inspection conducted in July 2023. This puts it in the smallest 10% 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 GRANLEY MEWS lies on this distribution: 3% of detached houses houses are smaller than GRANLEY MEWS, and 96% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

GRANLEY MEWS: Plot and Title Map

GRANLEY MEWS sits on a plot of roughly 0.017 of an acre, or 70m². The below map shows the location of GRANLEY MEWS, 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 GRANLEY MEWS). 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 GRANLEY MEWS?

GRANLEY MEWS is located on GRANLEY DRIVE in CHELTENHAM, in the GL51 postcode district. The below map shows the position of GRANLEY MEWS on GRANLEY DRIVE.