THE RIVELANDS, DARK LANE, SWINDON VILLAGE, CHELTENHAM, GL51 9RW - £895,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

THE RIVELANDS is a very large extended detached house of 187m², built sometime between 1950 and 1966, which could now be worth an estimated £867,165. It was last sold for £895,000 in October 2022, which was around 37% above the average October 2022 detached price in the Cheltenham local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was C.

THE RIVELANDS Sold Prices

Land registry data shows two sales for THE RIVELANDS 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 RIVELANDS 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
2022 14 OCT	£895,000	£650,974	37% above HPI
1997 23 MAY	£152,000	£118,338	28% above HPI

THE RIVELANDS 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 RIVELANDS sales from May 1997 and October 2022 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 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the October 2022 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might THE RIVELANDS be worth now?

THE RIVELANDS might now be worth an estimated £867,165.

This is based on house price deflation of 3.1%, between October 2022 and February 2025, for detached houses, in the Cheltenham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.1% deflationary decrease is applied to the most recent sale price for THE RIVELANDS of £895,000 on 14th October 2022. For the value to have decreased from £895,000 to £867,165 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of THE RIVELANDS has moved in line with the HPI for detached houses in the Cheltenham local authority area.
• The October 2022 sale price of £895,000 represented a fair market value for the property.
• The size, condition, and specification of THE RIVELANDS has not materially changed since October 2022.

How Large is THE RIVELANDS?

THE RIVELANDS is 187m², which includes two extensions, according to the EPC inspection conducted in July 2022. This puts it in the largest 10% of detached houses houses in Swindon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Swindon, and where THE RIVELANDS lies on this distribution: 93% of detached houses houses are smaller than THE RIVELANDS, and 8% of houses are larger. Note that EPC data is not available for all properties in Swindon.

THE RIVELANDS: Plot and Title Map

THE RIVELANDS sits on a plot of roughly 0.253 of an acre, or 1,023m². The below map shows the location of THE RIVELANDS, 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 RIVELANDS). 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 RIVELANDS?

THE RIVELANDS is located on DARK LANE in SWINDON VILLAGE, in the GL51 postcode district. The below map shows the position of THE RIVELANDS on DARK LANE.