PINE LODGE, HATHERLEY LANE, CHELTENHAM, GL51 6SH - £447,000

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

PINE LODGE is a very large extended detached house of 200m², built sometime between 1983 and 1990. It was last sold for £447,000 in January 2022, which was around 23% below the average January 2022 detached price in the Cheltenham local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was D.

PINE LODGE Sold Prices

Land registry data shows two sales for PINE LODGE 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 PINE LODGE 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
2022 24 JAN	£447,000	£578,767	23% below HPI
2016 12 APR	£250,000	£431,543	42% below HPI

PINE 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 two PINE LODGE sales from April 2016 and January 2022 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 2016 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the January 2022 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is PINE LODGE?

PINE LODGE is 200m², which includes one extension, according to the EPC inspection conducted in August 2011. 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 PINE LODGE lies on this distribution: 88% of detached houses are smaller than PINE LODGE, and 12% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

PINE LODGE: Plot and Title Map

PINE LODGE sits on a plot of roughly 0.144 of an acre, or 583m². The below map shows the location of PINE 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 PINE 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 PINE LODGE?

PINE LODGE is located on HATHERLEY LANE in CHELTENHAM, in the GL51 postcode district. The below map shows the position of PINE LODGE on HATHERLEY LANE.