PENN HOUSE, TIVOLI ROAD, CHELTENHAM, GL50 2TF - £766,000

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

PENN HOUSE is a very large extended detached house of 213m², built sometime between 1983 and 1990. It was last sold for £766,000 in May 2014, which was around 102% above the average May 2014 detached price in the Cheltenham local authority area. The most recent EPC inspection was January 2024, where the current energy rating was C, and the potential energy rating was B.

PENN HOUSE Sold Prices

Land registry data shows two sales for PENN HOUSE 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 PENN HOUSE 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
2014 30 MAY	£766,000	£378,304	102% above HPI
1997 29 APR	£220,000	£114,385	92% above HPI

PENN HOUSE 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 PENN HOUSE sales from April 1997 and May 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 April 1997 sale was for 92% above the HPI. So the extrapolation line tracks at 92% above the HPI over time, until the May 2014 sale, where it rises to 102% above the HPI. The line then continues to track at 102% above the HPI.

How Large is PENN HOUSE?

PENN HOUSE is 213m², which includes two extensions, according to the EPC inspection conducted in January 2024. This puts it in the largest 20% of detached houses in Cheltenham, based on EPC data. The below chart shows the distribution of detached houses by size in Cheltenham, and where PENN HOUSE lies on this distribution: 90% of detached houses are smaller than PENN HOUSE, and 10% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

PENN HOUSE: Plot and Title Map

PENN HOUSE sits on a plot of roughly 0.173 of an acre, or 701m². The below map shows the location of PENN HOUSE, 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 PENN HOUSE). 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 PENN HOUSE?

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