MONKS MEADOW, PARK LANE, PRESTBURY, CHELTENHAM, GL52 3BN - £710,000

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

MONKS MEADOW is a large extended detached house of 167m², built sometime between 1930 and 1949. It was last sold for £710,000 in September 2002, which was around 175% above the average September 2002 detached price in the Cheltenham local authority area. The most recent EPC inspection was February 2021, where the current energy rating was D, and the potential energy rating was D.

MONKS MEADOW Sold Prices

Land registry data shows two sales for MONKS MEADOW 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 MONKS MEADOW 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
2002 20 SEP	£710,000	£258,289	175% above HPI
1997 24 OCT	£372,500	£124,789	199% above HPI

MONKS MEADOW 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 MONKS MEADOW sales from October 1997 and September 2002 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 1997 sale was for 199% above the HPI. So the extrapolation line tracks at 199% above the HPI over time, until the September 2002 sale, where it falls to 175% above the HPI. The line then continues to track at 175% above the HPI.

How Large is MONKS MEADOW?

MONKS MEADOW is 167m², which includes two extensions, according to the EPC inspection conducted in February 2021. This puts it in the largest 30% of detached houses in Prestbury, based on EPC data. The below chart shows the distribution of detached houses by size in Prestbury, and where MONKS MEADOW lies on this distribution: 76% of detached houses are smaller than MONKS MEADOW, and 24% of houses are larger. Note that EPC data is not available for all properties in Prestbury.

MONKS MEADOW: Plot and Title Map

MONKS MEADOW sits on a plot of roughly 2.8 acres, or 11,277m². The below map shows the location of MONKS MEADOW, 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 MONKS MEADOW). 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 MONKS MEADOW?

MONKS MEADOW is located on PARK LANE in PRESTBURY, in the GL52 postcode district. The below map shows the position of MONKS MEADOW on PARK LANE.