LARKIN, THE REDDINGS, CHELTENHAM, GL51 6RY - £490,000

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

LARKIN is a large semi-detached house of 155m². It was last sold for £490,000 in May 2019, which was around 1% above the average May 2019 detached price in the Cheltenham local authority area. The most recent EPC inspection was November 2018, where the current energy rating was B, and the potential energy rating was A.

LARKIN Sold Prices

Land registry data shows two sales for LARKIN 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. One of the two LARKIN sales was for above the average price, whilst the other was 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
2019 24 MAY	£490,000	£484,352	1% above HPI
2017 23 JUN	£388,000	£469,904	17% below HPI

LARKIN 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 LARKIN sales from June 2017 and May 2019 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 June 2017 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the May 2019 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is LARKIN?

LARKIN is 155m² according to the EPC inspection conducted in November 2018. This puts it in the largest 30% of detached houses in Cheltenham, based on EPC data. The below chart shows the distribution of detached houses by size in Cheltenham, and where LARKIN lies on this distribution: 70% of detached houses are smaller than LARKIN, and 29% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

LARKIN: Plot and Title Map

LARKIN sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of LARKIN, 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 LARKIN). 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 LARKIN?

LARKIN is located on THE REDDINGS in CHELTENHAM, in the GL51 postcode district. The below map shows the position of LARKIN on THE REDDINGS.