WELLESLEY COTTAGE, WELLESLEY ROAD, CHELTENHAM, GL50 4LD - £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

WELLESLEY COTTAGE is a large extended detached house of 158m², built sometime before 1900. It was last sold for £625,000 in August 2020, which was around 20% above the average August 2020 detached price in the Cheltenham local authority area. The most recent EPC inspection was May 2020, where the current energy rating was D, and the potential energy rating was C.

WELLESLEY COTTAGE Sold Prices

Land registry data shows three sales for WELLESLEY COTTAGE 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. One of the three WELLESLEY COTTAGE sales was for above the average price, whilst two 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
2020 3 AUG	£625,000	£519,338	20% above HPI
2004 26 NOV	£277,000	£297,564	7% below HPI
1995 18 AUG	£88,500	£105,119	16% below HPI

WELLESLEY COTTAGE 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 WELLESLEY COTTAGE sales between August 1995 and August 2020 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 November 2004 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the August 2020 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is WELLESLEY COTTAGE?

WELLESLEY COTTAGE is 158m², which includes three extensions, according to the EPC inspection conducted in May 2020. This puts it in the largest 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 WELLESLEY COTTAGE lies on this distribution: 72% of detached houses are smaller than WELLESLEY COTTAGE, and 28% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

WELLESLEY COTTAGE: Plot and Title Map

WELLESLEY COTTAGE sits on a plot of roughly 0.090 of an acre, or 364m². The below map shows the location of WELLESLEY COTTAGE, 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 WELLESLEY COTTAGE). 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 WELLESLEY COTTAGE?

WELLESLEY COTTAGE is located on WELLESLEY ROAD in CHELTENHAM, in the GL50 postcode district. The below map shows the position of WELLESLEY COTTAGE on WELLESLEY ROAD.