48, GRACE GARDENS, CHELTENHAM, GL51 6QE - £500,000

48 GRACE GARDENS is a very large extended detached house of 197m², built sometime between 1996 and 2002. It was last sold for £500,000 in September 2006, which was around 49% above the average September 2006 detached price in the Cheltenham local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was C.

48 GRACE GARDENS Sold Prices

Land registry data shows two sales for 48 GRACE GARDENS 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 48 GRACE GARDENS sales were for above 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
2006 19 SEP	£500,000	£335,379	49% above HPI
2001 14 SEP	£385,000	£208,631	85% above HPI

48 GRACE GARDENS 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 48 GRACE GARDENS sales from September 2001 and September 2006 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 September 2001 sale was for 85% above the HPI. So the extrapolation line tracks at 85% above the HPI over time, until the September 2006 sale, where it falls to 49% above the HPI. The line then continues to track at 49% above the HPI.

How Large is 48 GRACE GARDENS?

48 GRACE GARDENS is 197m², which includes one extension, according to the EPC inspection conducted in January 2023. This puts it in the largest 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 48 GRACE GARDENS lies on this distribution: 87% of detached houses are smaller than 48 GRACE GARDENS, and 13% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

48 GRACE GARDENS: Plot and Title Map

48 GRACE GARDENS sits on a plot of roughly 0.131 of an acre, or 531m². The below map shows the location of 48 GRACE GARDENS, 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 48 GRACE GARDENS). 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 48 GRACE GARDENS?

48 GRACE GARDENS is located in CHELTENHAM, in the GL51 postcode district. The below map shows the position of No. 48 on GRACE GARDENS.