4, THE LANES, CHELTENHAM, GL53 0PU - £352,500

4 THE LANES is a very small detached house of 62m², built sometime between 1996 and 2002. It was last sold for £352,500 in November 2020, which was around 34% below the average November 2020 detached price in the Cheltenham local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

4 THE LANES Sold Prices

Land registry data shows two sales for 4 THE LANES 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 4 THE LANES 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
2020 6 NOV	£352,500	£534,070	34% below HPI
2009 5 AUG	£220,000	£314,868	30% below HPI

4 THE LANES 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 4 THE LANES sales from August 2009 and November 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 August 2009 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the November 2020 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 4 THE LANES?

4 THE LANES is 62m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 10% of detached houses in Cheltenham, based on EPC data. The below chart shows the distribution of detached houses by size in Cheltenham, and where 4 THE LANES lies on this distribution: 3% of detached houses are smaller than 4 THE LANES, and 97% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

4 THE LANES: Plot and Title Map

4 THE LANES sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 4 THE LANES, 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 4 THE LANES). 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 4 THE LANES?

4 THE LANES is located in CHELTENHAM, in the GL53 postcode district. The below map shows the position of No. 4 on THE LANES.