WOODMEAD, BOUNCERS LANE, CHELTENHAM, GL52 5JW - £580,000

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

WOODMEAD is a large extended detached house of 156m², built sometime between 1930 and 1949. It was last sold for £580,000 in August 2023, which was around 6% below the average August 2023 detached price in the Cheltenham local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was C.

WOODMEAD Sold Prices

Land registry data shows four sales for WOODMEAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cheltenham local authority area for the corresponding sale date. Most of the four WOODMEAD 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 30 AUG	£580,000	£617,231	6% below HPI
2017 27 JAN	£480,000	£442,551	8% above HPI
2016 18 MAR	£260,000	£427,938	39% below HPI
2009 3 FEB	£205,000	£279,826	27% below HPI

WOODMEAD 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 four WOODMEAD sales between February 2009 and August 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 January 2017 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the August 2023 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is WOODMEAD?

WOODMEAD is 156m², which includes two extensions, according to the EPC inspection conducted in October 2016. 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 WOODMEAD lies on this distribution: 71% of detached houses are smaller than WOODMEAD, and 29% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

WOODMEAD: Plot and Title Map

WOODMEAD sits on a plot of roughly 0.157 of an acre, or 635m². The below map shows the location of WOODMEAD, 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 WOODMEAD). 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 WOODMEAD?

WOODMEAD is located on BOUNCERS LANE in CHELTENHAM, in the GL52 postcode district. The below map shows the position of WOODMEAD on BOUNCERS LANE.