16, VERNON PLACE, CHELTENHAM, GL53 7HB - £137,000

16 VERNON PLACE is a very small detached house of 91m², built sometime between 1900 and 1929. It was last sold for £137,000 in July 2012, which was around 61% below the average July 2012 detached price in the Cheltenham local authority area. The most recent EPC inspection was November 2008, where the current energy rating was E, and the potential energy rating was D.

16 VERNON PLACE Sold Prices

Land registry data shows seven sales for 16 VERNON PLACE since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the Cheltenham local authority area for the corresponding sale date. All of the seven 16 VERNON PLACE 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
2012 13 JUL	£137,000	£355,410	61% below HPI
2009 30 JUN	£135,000	£290,066	53% below HPI
2009 13 MAR	£145,000	£283,622	49% below HPI
2006 28 JUL	£155,000	£320,172	52% below HPI
2003 18 AUG	£118,000	£269,318	56% below HPI
2000 11 SEP	£68,500	£188,703	64% below HPI
1999 21 OCT	£43,900	£158,946	72% below HPI

16 VERNON PLACE 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 seven 16 VERNON PLACE sales between October 1999 and July 2012 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 June 2009 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the July 2012 sale, where it falls to 61% below the HPI. The line then continues to track at 61% below the HPI.

How Large is 16 VERNON PLACE?

16 VERNON PLACE is 91m² according to the EPC inspection conducted in November 2008. This puts it in the smallest 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 16 VERNON PLACE lies on this distribution: 17% of detached houses are smaller than 16 VERNON PLACE, and 83% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

16 VERNON PLACE: Plot and Title Map

16 VERNON PLACE sits on a plot of roughly 0.013 of an acre, or 51m². The below map shows the location of 16 VERNON PLACE, 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 16 VERNON PLACE). 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 16 VERNON PLACE?

16 VERNON PLACE is located in CHELTENHAM, in the GL53 postcode district. The below map shows the position of No. 16 on VERNON PLACE.