SOUTH ACRES LODGE, THE PARK, CHELTENHAM, GL50 2SD - £550,000

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

SOUTH ACRES LODGE is a very large extended detached house of 363m², built sometime between 1983 and 1990. It was last sold for £550,000 in October 2023, which was around 9% below the average October 2023 detached price in the Cheltenham local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was C.

SOUTH ACRES LODGE Sold Prices

Land registry data shows three sales for SOUTH ACRES 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. One of the three SOUTH ACRES LODGE sales was for below the average price, whilst two 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
2023 3 OCT	£550,000	£603,698	9% below HPI
2019 15 FEB	£1,450,000	£485,095	199% above HPI
1996 16 DEC	£357,500	£107,965	231% above HPI

SOUTH ACRES 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 SOUTH ACRES LODGE sales between December 1996 and October 2023 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 February 2019 sale was for 199% above the HPI. So the extrapolation line tracks at 199% above the HPI over time, until the October 2023 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is SOUTH ACRES LODGE?

SOUTH ACRES LODGE is 363m², which includes three extensions, according to the EPC inspection conducted in July 2018. This puts it in the largest 10% of detached houses in Cheltenham, based on EPC data. The below chart shows the distribution of detached houses by size in Cheltenham, and where SOUTH ACRES LODGE lies on this distribution: 98% of detached houses are smaller than SOUTH ACRES LODGE, and 2% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

SOUTH ACRES LODGE: Plot and Title Map

SOUTH ACRES LODGE sits on a plot of roughly 0.484 of an acre, or 1,957m². The below map shows the location of SOUTH ACRES 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 SOUTH ACRES 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 SOUTH ACRES LODGE?

SOUTH ACRES LODGE is located on THE PARK in CHELTENHAM, in the GL50 postcode district. The below map shows the position of SOUTH ACRES LODGE on THE PARK.