THE OLD DAIRY, NOVERTON LANE, PRESTBURY, CHELTENHAM, GL52 5DD - £545,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

THE OLD DAIRY is a very large extended semi-detached house of 207m², built sometime between 1983 and 1990. It was last sold for £545,000 in November 2003, which was around 107% above the average November 2003 detached price in the Cheltenham local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was C.

THE OLD DAIRY Sold Prices

Land registry data shows two sales for THE OLD DAIRY 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 THE OLD DAIRY 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
2003 11 NOV	£545,000	£263,762	107% above HPI
1997 9 MAY	£215,000	£114,667	87% above HPI

THE OLD DAIRY 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 THE OLD DAIRY sales from May 1997 and November 2003 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 1997 sale was for 87% above the HPI. So the extrapolation line tracks at 87% above the HPI over time, until the November 2003 sale, where it rises to 107% above the HPI. The line then continues to track at 107% above the HPI.

How Large is THE OLD DAIRY?

THE OLD DAIRY is 207m², which includes one extension, according to the EPC inspection conducted in April 2013. This puts it in the largest 20% of detached houses in Prestbury, based on EPC data. The below chart shows the distribution of detached houses by size in Prestbury, and where THE OLD DAIRY lies on this distribution: 88% of detached houses are smaller than THE OLD DAIRY, and 12% of houses are larger. Note that EPC data is not available for all properties in Prestbury.

THE OLD DAIRY: Plot and Title Map

THE OLD DAIRY sits on a plot of roughly 0.418 of an acre, or 1,693m². The below map shows the location of THE OLD DAIRY, 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 OLD DAIRY). 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 OLD DAIRY?

THE OLD DAIRY is located on NOVERTON LANE in PRESTBURY, in the GL52 postcode district. The below map shows the position of THE OLD DAIRY on NOVERTON LANE.