HOPE HOUSE, IDSALL DRIVE, PRESTBURY, CHELTENHAM, GL52 3AX - £950,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

HOPE HOUSE is a large extended detached house of 174m², built sometime between 1967 and 1975. It was last sold for £950,000 in October 2023, which was around 57% above the average October 2023 detached price in the Cheltenham local authority area. The most recent EPC inspection was July 2015, where the current energy rating was C, and the potential energy rating was B.

HOPE HOUSE Sold Prices

Land registry data shows three sales for HOPE HOUSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cheltenham local authority area for the corresponding sale date. All of the three HOPE HOUSE 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
2023 24 OCT	£950,000	£603,698	57% above HPI
2018 21 SEP	£742,500	£505,751	47% above HPI
2015 16 OCT	£625,000	£424,761	47% above HPI

HOPE HOUSE 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 three HOPE HOUSE sales between October 2015 and October 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 September 2018 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the October 2023 sale, where it rises to 57% above the HPI. The line then continues to track at 57% above the HPI.

How Large is HOPE HOUSE?

HOPE HOUSE is 174m², which includes two extensions, according to the EPC inspection conducted in July 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 HOPE HOUSE lies on this distribution: 79% of detached houses are smaller than HOPE HOUSE, and 21% of houses are larger. Note that EPC data is not available for all properties in Prestbury.

HOPE HOUSE: Plot and Title Map

HOPE HOUSE sits on a plot of roughly 0.174 of an acre, or 705m². The below map shows the location of HOPE HOUSE, 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 HOPE HOUSE). 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 HOPE HOUSE?

HOPE HOUSE is located on IDSALL DRIVE in PRESTBURY, in the GL52 postcode district. The below map shows the position of HOPE HOUSE on IDSALL DRIVE.