MAY COTTAGE, BOUNCERS LANE, CHELTENHAM, GL52 5JW - £273,000

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

MAY COTTAGE is a midsized extended detached house of 118m², built sometime before 1900. It was last sold for £273,000 in September 2014, which was around 31% below the average September 2014 detached price in the Cheltenham local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was B.

MAY COTTAGE Sold Prices

Land registry data shows two sales for MAY COTTAGE 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 MAY COTTAGE 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
2014 19 SEP	£273,000	£393,640	31% below HPI
2013 5 NOV	£167,000	£360,464	54% below HPI

MAY COTTAGE 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 MAY COTTAGE sales from November 2013 and September 2014 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 November 2013 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the September 2014 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is MAY COTTAGE?

MAY COTTAGE is 118m², which includes three extensions, according to the EPC inspection conducted in April 2023. This puts it in the smallest 50% of detached houses in Cheltenham, based on EPC data. The below chart shows the distribution of detached houses by size in Cheltenham, and where MAY COTTAGE lies on this distribution: 42% of detached houses are smaller than MAY COTTAGE, and 57% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

MAY COTTAGE: Plot and Title Map

MAY COTTAGE sits on a plot of roughly 0.046 of an acre, or 187m². The below map shows the location of MAY COTTAGE, 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 MAY COTTAGE). 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 MAY COTTAGE?

MAY COTTAGE is located on BOUNCERS LANE in CHELTENHAM, in the GL52 postcode district. The below map shows the position of MAY COTTAGE on BOUNCERS LANE.