TREEHAVEN, THE REDDINGS, CHELTENHAM, GL51 6RY - £520,000

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

TREEHAVEN is a small extended detached house of 103m², built sometime between 1967 and 1975. It was last sold for £520,000 in June 2023, which was around 16% below the average June 2023 detached price in the Cheltenham local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was C.

TREEHAVEN Sold Prices

Land registry data shows three sales for TREEHAVEN 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. All of the three TREEHAVEN sales were 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
2023 1 JUN	£520,000	£619,340	16% below HPI
2004 8 APR	£249,950	£282,351	11% below HPI
1997 5 DEC	£120,000	£125,005	4% below HPI

TREEHAVEN 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 TREEHAVEN sales between December 1997 and June 2023 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 April 2004 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the June 2023 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is TREEHAVEN?

TREEHAVEN is 103m², which includes one extension, according to the EPC inspection conducted in February 2023. This puts it in the smallest 30% of detached houses in Cheltenham, based on EPC data. The below chart shows the distribution of detached houses by size in Cheltenham, and where TREEHAVEN lies on this distribution: 27% of detached houses are smaller than TREEHAVEN, and 72% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

TREEHAVEN: Plot and Title Map

TREEHAVEN sits on a plot of roughly 0.203 of an acre, or 823m². The below map shows the location of TREEHAVEN, 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 TREEHAVEN). 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 TREEHAVEN?

TREEHAVEN is located on THE REDDINGS in CHELTENHAM, in the GL51 postcode district. The below map shows the position of TREEHAVEN on THE REDDINGS.