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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

RYE LODGE is a large detached house of 143m², built sometime between 1996 and 2002, which could now be worth an estimated £659,855. It was last sold for £425,000 in September 2014, which was around 5% 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	£406,240	5% above HPI
2003 30 MAY	£300,000	£280,143	7% above HPI
1997 19 FEB	£149,995	£112,980	33% 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 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the September 2014 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might RYE LODGE be worth now?

RYE LODGE might now be worth an estimated £659,855.

This is based on house price inflation of 55.3%, between September 2014 and February 2025, for detached houses, in the Cheltenham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 55.3% inflationary increase is applied to the most recent sale price for RYE LODGE of £425,000 on 25th September 2014. For the value to have increased from £425,000 to £659,855 over the eleven years and seven months to February 2025, the following assumptions must hold true:

• The value of RYE LODGE has moved in line with the HPI for detached houses in the Cheltenham local authority area.
• The September 2014 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of RYE LODGE has not materially changed since September 2014.

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 houses in Cheltenham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cheltenham, and where RYE LODGE lies on this distribution: 63% of detached houses 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.