STANHOPE, THE REDDINGS, CHELTENHAM, GL51 6RL - £575,000

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

STANHOPE is a very large extended detached house of 184m², built sometime before 1900. It was last sold for £575,000 in February 2015, which was around 47% above the average February 2015 detached price in the Cheltenham local authority area. The most recent EPC inspection was June 2009, where the current energy rating was F, and the potential energy rating was E.

STANHOPE Sold Prices

Land registry data shows two sales for STANHOPE 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 STANHOPE 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
2015 11 FEB	£575,000	£391,280	47% above HPI
2010 19 JUL	£512,000	£351,370	46% above HPI

STANHOPE 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 STANHOPE sales from July 2010 and February 2015 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 July 2010 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the February 2015 sale, where it rises to 47% above the HPI. The line then continues to track at 47% above the HPI.

How Large is STANHOPE?

STANHOPE is 184m², which includes two extensions, according to the EPC inspection conducted in June 2009. 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 STANHOPE lies on this distribution: 82% of detached houses are smaller than STANHOPE, and 18% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

STANHOPE: Plot and Title Map

STANHOPE sits on a plot of roughly 0.424 of an acre, or 1,717m². The below map shows the location of STANHOPE, 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 STANHOPE). 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 STANHOPE?

STANHOPE is located on THE REDDINGS in CHELTENHAM, in the GL51 postcode district. The below map shows the position of STANHOPE on THE REDDINGS.