RIDGEWAY, BREVEL TERRACE, CHARLTON KINGS, CHELTENHAM, GL53 8JZ - £675,000

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

RIDGEWAY is a very large extended detached house of 199m², built sometime between 1930 and 1949. It was last sold for £675,000 in June 2014, which was around 77% above the average June 2014 detached price in the Cheltenham local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was C.

RIDGEWAY Sold Prices

Land registry data shows three sales for RIDGEWAY 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 RIDGEWAY 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
2014 20 JUN	£675,000	£381,391	77% above HPI
2003 13 MAY	£464,000	£271,454	71% above HPI
1997 19 SEP	£114,000	£124,427	8% below HPI

RIDGEWAY 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 RIDGEWAY sales between September 1997 and June 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 May 2003 sale was for 71% above the HPI. So the extrapolation line tracks at 71% above the HPI over time, until the June 2014 sale, where it rises to 77% above the HPI. The line then continues to track at 77% above the HPI.

How Large is RIDGEWAY?

RIDGEWAY is 199m², which includes one extension, according to the EPC inspection conducted in May 2013. 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 RIDGEWAY lies on this distribution: 87% of detached houses are smaller than RIDGEWAY, and 13% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

RIDGEWAY: Plot and Title Map

RIDGEWAY sits on a plot of roughly 0.244 of an acre, or 988m². The below map shows the location of RIDGEWAY, 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 RIDGEWAY). 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 RIDGEWAY?

RIDGEWAY is located on BREVEL TERRACE in CHARLTON KINGS, in the GL53 postcode district. The below map shows the position of RIDGEWAY on BREVEL TERRACE.