TEME LODGE, TEME ROAD, CHELTENHAM, GL52 6UE - £720,000

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

TEME LODGE is a large extended detached house of 152m², built sometime between 1930 and 1949. It was last sold for £720,000 in August 2020, which was around 39% above the average August 2020 detached price in the Cheltenham local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was C.

TEME LODGE Sold Prices

Land registry data shows three sales for TEME 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. Two of the three TEME LODGE sales were for above the average price, whilst one was 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
2020 28 AUG	£720,000	£519,338	39% above HPI
2015 12 NOV	£665,000	£420,743	58% above HPI
1996 12 SEP	£82,000	£105,217	22% below HPI

TEME 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 TEME LODGE sales between September 1996 and August 2020 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 November 2015 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the August 2020 sale, where it falls to 39% above the HPI. The line then continues to track at 39% above the HPI.

How Large is TEME LODGE?

TEME LODGE is 152m², which includes three extensions, according to the EPC inspection conducted in June 2014. 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 TEME LODGE lies on this distribution: 69% of detached houses are smaller than TEME LODGE, and 31% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

TEME LODGE: Plot and Title Map

TEME LODGE sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of TEME 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 TEME 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 TEME LODGE?

TEME LODGE is located on TEME ROAD in CHELTENHAM, in the GL52 postcode district. The below map shows the position of TEME LODGE on TEME ROAD.