MITFORD LODGE, TIVOLI ROAD, CHELTENHAM, GL50 2TF - £1,200,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

MITFORD LODGE is a very large detached house of 219m², built sometime between 2003 and 2006. It was last sold for £1,200,000 in June 2021, which was around 125% above the average June 2021 detached price in the Cheltenham local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

MITFORD LODGE Sold Prices

Land registry data shows three sales for MITFORD LODGE 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. Two of the three MITFORD LODGE sales were for above the average price, whilst one 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
2021 25 JUN	£1,200,000	£532,793	125% above HPI
2012 9 NOV	£896,280	£356,140	152% above HPI
2004 26 NOV	£215,000	£297,564	28% below HPI

MITFORD LODGE 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 MITFORD LODGE sales between November 2004 and June 2021 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 2012 sale was for 152% above the HPI. So the extrapolation line tracks at 152% above the HPI over time, until the June 2021 sale, where it falls to 125% above the HPI. The line then continues to track at 125% above the HPI.

How Large is MITFORD LODGE?

MITFORD LODGE is 219m² according to the EPC inspection conducted in July 2020. This puts it in the largest 10% of detached houses in Cheltenham, based on EPC data. The below chart shows the distribution of detached houses by size in Cheltenham, and where MITFORD LODGE lies on this distribution: 91% of detached houses are smaller than MITFORD LODGE, and 9% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

MITFORD LODGE: Plot and Title Map

MITFORD LODGE sits on a plot of roughly 0.177 of an acre, or 716m². The below map shows the location of MITFORD LODGE, 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 MITFORD LODGE). 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 MITFORD LODGE?

MITFORD LODGE is located on TIVOLI ROAD in CHELTENHAM, in the GL50 postcode district. The below map shows the position of MITFORD LODGE on TIVOLI ROAD.