LAURISTONE, NORTH ROAD EAST, THE REDDINGS, CHELTENHAM, GL51 6RE - £392,500

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.

LAURISTONE is a small extended semi-detached house of 109m², built sometime before 1900, which could now be worth an estimated £498,822. It was last sold for £392,500 in December 2018, which was around 25% above the average December 2018 semi-detached price in the Cheltenham local authority area. The most recent EPC inspection was October 2018, where the current energy rating was E, and the potential energy rating was C.

LAURISTONE Sold Prices

Land registry data shows two sales for LAURISTONE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Cheltenham local authority area for the corresponding sale date. Both of the two LAURISTONE 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
2018 14 DEC	£392,500	£314,809	25% above HPI
1998 14 OCT	£97,500	£82,247	19% above HPI

LAURISTONE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Cheltenham local authority area over time, sourced from the HPI. The two LAURISTONE sales from October 1998 and December 2018 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 October 1998 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the December 2018 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might LAURISTONE be worth now?

LAURISTONE might now be worth an estimated £498,822.

This is based on house price inflation of 27.1%, between December 2018 and March 2025, for semi-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 27.1% inflationary increase is applied to the most recent sale price for LAURISTONE of £392,500 on 14th December 2018. For the value to have increased from £392,500 to £498,822 over the seven years and nine months to March 2025, the following assumptions must hold true:

• The value of LAURISTONE has moved in line with the HPI for semi-detached houses in the Cheltenham local authority area.
• The December 2018 sale price of £392,500 represented a fair market value for the property.
• The size, condition, and specification of LAURISTONE has not materially changed since December 2018.

How Large is LAURISTONE?

LAURISTONE is 109m², which includes two extensions, according to the EPC inspection conducted in October 2018. This puts it in the smallest 40% of semi-detached houses houses in Cheltenham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Cheltenham, and where LAURISTONE lies on this distribution: 33% of semi-detached houses houses are smaller than LAURISTONE, and 66% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

LAURISTONE: Plot and Title Map

LAURISTONE sits on a plot of roughly 0.155 of an acre, or 627m². The below map shows the location of LAURISTONE, 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 LAURISTONE). 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 LAURISTONE?

LAURISTONE is located on NORTH ROAD EAST in THE REDDINGS, in the GL51 postcode district. The below map shows the position of LAURISTONE on NORTH ROAD EAST.