LOCHALINE, NOVERTON LANE, PRESTBURY, CHELTENHAM, GL52 5BB - £1,278,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

LOCHALINE is a very large extended detached house of 310m², built sometime between 1950 and 1966. It was last sold for £1,278,000 in March 2020, which was around 156% above the average March 2020 detached price in the Cheltenham local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was B.

LOCHALINE Sold Prices

Land registry data shows two sales for LOCHALINE 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 LOCHALINE 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
2020 19 MAR	£1,278,000	£499,788	156% above HPI
2017 22 FEB	£477,500	£447,012	7% above HPI

LOCHALINE 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 LOCHALINE sales from February 2017 and March 2020 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 February 2017 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the March 2020 sale, where it rises to 156% above the HPI. The line then continues to track at 156% above the HPI.

How Large is LOCHALINE?

LOCHALINE is 310m², which includes two extensions, according to the EPC inspection conducted in October 2019. This puts it in the largest 10% of detached houses in Prestbury, based on EPC data. The below chart shows the distribution of detached houses by size in Prestbury, and where LOCHALINE lies on this distribution: 98% of detached houses are smaller than LOCHALINE, and 2% of houses are larger. Note that EPC data is not available for all properties in Prestbury.

LOCHALINE: Plot and Title Map

LOCHALINE sits on a plot of roughly 0.592 of an acre, or 2,395m². The below map shows the location of LOCHALINE, 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 LOCHALINE). 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 LOCHALINE?

LOCHALINE is located on NOVERTON LANE in PRESTBURY, in the GL52 postcode district. The below map shows the position of LOCHALINE on NOVERTON LANE.