THE CEDARS, KENELM DRIVE, CHELTENHAM, GL53 0JR - £625,000

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

THE CEDARS is a midsized detached house of 136m², built sometime between 1967 and 1975. It was last sold for £625,000 in October 2017, which was around 30% above the average October 2017 detached price in the Cheltenham local authority area. The most recent EPC inspection was March 2017, where the current energy rating was C, and the potential energy rating was B.

THE CEDARS Sold Prices

Land registry data shows four sales for THE CEDARS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cheltenham local authority area for the corresponding sale date. All of the four THE CEDARS 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
2017 27 OCT	£625,000	£481,658	30% above HPI
1999 9 AUG	£250,000	£149,949	67% above HPI
1996 21 NOV	£158,000	£108,835	45% above HPI
1996 2 MAY	£190,000	£102,226	86% above HPI

THE CEDARS 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 four THE CEDARS sales between May 1996 and October 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 August 1999 sale was for 67% above the HPI. So the extrapolation line tracks at 67% above the HPI over time, until the October 2017 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is THE CEDARS?

THE CEDARS is 136m² according to the EPC inspection conducted in March 2017. This puts it in the largest 50% of detached houses in Cheltenham, based on EPC data. The below chart shows the distribution of detached houses by size in Cheltenham, and where THE CEDARS lies on this distribution: 58% of detached houses are smaller than THE CEDARS, and 41% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

THE CEDARS: Plot and Title Map

THE CEDARS sits on a plot of roughly 0.294 of an acre, or 1,189m². The below map shows the location of THE CEDARS, 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 THE CEDARS). 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 THE CEDARS?

THE CEDARS is located on KENELM DRIVE in CHELTENHAM, in the GL53 postcode district. The below map shows the position of THE CEDARS on KENELM DRIVE.