TARNWOOD, CHARGROVE LANE, UP HATHERLEY, CHELTENHAM, GL51 3LP - £450,000

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

TARNWOOD is a large extended detached house of 152m², built sometime between 1991 and 1995. It was last sold for £450,000 in May 2017, which was around 3% below the average May 2017 detached price in the Cheltenham local authority area. The most recent EPC inspection was January 2017, where the current energy rating was C, and the potential energy rating was C.

TARNWOOD Sold Prices

Land registry data shows three sales for TARNWOOD 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. The three TARNWOOD sales were a mix of below the average price, roughly equal to the average price, and 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
2017 19 MAY	£450,000	£463,228	3% below HPI
2005 18 MAY	£340,100	£301,133	13% above HPI
1998 29 MAY	£129,000	£128,375	Close to HPI

TARNWOOD 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 TARNWOOD sales between May 1998 and May 2017 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 2005 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the May 2017 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is TARNWOOD?

TARNWOOD is 152m², which includes two extensions, according to the EPC inspection conducted in January 2017. 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 TARNWOOD lies on this distribution: 69% of detached houses are smaller than TARNWOOD, and 31% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

TARNWOOD: Plot and Title Map

TARNWOOD sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of TARNWOOD, 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 TARNWOOD). 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 TARNWOOD?

TARNWOOD is located on CHARGROVE LANE in UP HATHERLEY, in the GL51 postcode district. The below map shows the position of TARNWOOD on CHARGROVE LANE.