TELFORD, NORTH ROAD EAST, THE REDDINGS, CHELTENHAM, GL51 6RE - £525,000

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

TELFORD is a small detached house of 105m², built sometime between 1967 and 1975. It was last sold for £525,000 in January 2023, which was around 15% below the average January 2023 detached price in the Cheltenham local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was C.

TELFORD Sold Prices

Land registry data shows three sales for TELFORD 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 TELFORD sales were for below 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 31 JAN	£525,000	£615,187	15% below HPI
2017 4 AUG	£390,000	£467,220	17% below HPI
2014 14 AUG	£335,000	£386,503	13% below HPI

TELFORD 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 TELFORD sales between August 2014 and January 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 August 2017 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the January 2023 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is TELFORD?

TELFORD is 105m² according to the EPC inspection conducted in April 2017. This puts it in the smallest 30% of detached houses in Cheltenham, based on EPC data. The below chart shows the distribution of detached houses by size in Cheltenham, and where TELFORD lies on this distribution: 29% of detached houses are smaller than TELFORD, and 70% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

TELFORD: Plot and Title Map

TELFORD sits on a plot of roughly 0.223 of an acre, or 903m². The below map shows the location of TELFORD, 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 TELFORD). 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 TELFORD?

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