THE OLD LODGE, WELLINGTON SQUARE, CHELTENHAM, GL50 4JU - £187,000

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 OLD LODGE is a very large extended detached house of 179m², built sometime before 1900. It was last sold for £187,000 in February 1997, which was around 71% above the average February 1997 detached price in the Cheltenham local authority area. The most recent EPC inspection was April 2012, where the current energy rating was E, and the potential energy rating was C.

THE OLD LODGE Sold Prices

Land registry data shows two sales for THE OLD LODGE 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 LODGE 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
1997 6 FEB	£187,000	£109,476	71% above HPI
1996 20 DEC	£175,000	£107,965	62% above HPI

THE OLD 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 two THE OLD LODGE sales from December 1996 and February 1997 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 December 1996 sale was for 62% above the HPI. So the extrapolation line tracks at 62% above the HPI over time, until the February 1997 sale, where it rises to 71% above the HPI. The line then continues to track at 71% above the HPI.

How Large is THE OLD LODGE?

THE OLD LODGE is 179m², which includes one extension, according to the EPC inspection conducted in April 2012. This puts it in the largest 20% 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 OLD LODGE lies on this distribution: 81% of detached houses are smaller than THE OLD LODGE, and 19% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

THE OLD LODGE: Plot and Title Map

THE OLD LODGE sits on a plot of roughly 0.148 of an acre, or 599m². The below map shows the location of THE OLD 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 THE OLD 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 THE OLD LODGE?

THE OLD LODGE is located on WELLINGTON SQUARE in CHELTENHAM, in the GL50 postcode district. The below map shows the position of THE OLD LODGE on WELLINGTON SQUARE.