RYE LODGE, NORTH ROAD EAST, THE REDDINGS, CHELTENHAM, GL51 6RE - £425,000

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

RYE LODGE is a large detached house of 143m², built sometime between 1996 and 2002. It was last sold for £425,000 in September 2014, which was around 8% above the average September 2014 detached price in the Cheltenham local authority area. The most recent EPC inspection was December 2014, where the current energy rating was D, and the potential energy rating was C.

RYE LODGE Sold Prices

Land registry data shows three sales for RYE 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. All of the three RYE LODGE 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 25 SEP	£425,000	£393,640	8% above HPI
2003 30 MAY	£300,000	£271,454	11% above HPI
1997 19 FEB	£149,995	£109,476	37% above HPI

RYE 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 RYE LODGE sales between February 1997 and September 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 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the September 2014 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is RYE LODGE?

RYE LODGE is 143m² according to the EPC inspection conducted in December 2014. This puts it in the largest 40% of detached houses in Cheltenham, based on EPC data. The below chart shows the distribution of detached houses by size in Cheltenham, and where RYE LODGE lies on this distribution: 63% of detached houses are smaller than RYE LODGE, and 36% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

RYE LODGE: Plot and Title Map

RYE LODGE sits on a plot of roughly 0.117 of an acre, or 472m². The below map shows the location of RYE 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 RYE 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 RYE LODGE?

RYE LODGE is located on NORTH ROAD EAST in THE REDDINGS, in the GL51 postcode district. The below map shows the position of RYE LODGE on NORTH ROAD EAST.