BIRMAN LODGE, SELKIRK CLOSE, CHELTENHAM, GL52 2QN - £480,000

BIRMAN LODGE is a small detached house of 109m², built sometime between 1996 and 2002. It was last sold for £480,000 in July 2018, which was around 3% below the average July 2018 detached price in the Cheltenham local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was C.

BIRMAN LODGE Sold Prices

Land registry data shows three sales for BIRMAN LODGE 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. Two of the three BIRMAN LODGE sales were for below the average price, whilst one was 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
2018 25 JUL	£480,000	£492,489	3% below HPI
2004 20 APR	£340,000	£282,351	20% above HPI
2003 9 OCT	£130,000	£267,286	51% below HPI

BIRMAN LODGE 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 BIRMAN LODGE sales between October 2003 and July 2018 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 April 2004 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the July 2018 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is BIRMAN LODGE?

BIRMAN LODGE is 109m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 40% of detached houses in Cheltenham, based on EPC data. The below chart shows the distribution of detached houses by size in Cheltenham, and where BIRMAN LODGE lies on this distribution: 33% of detached houses are smaller than BIRMAN LODGE, and 66% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

BIRMAN LODGE: Plot and Title Map

BIRMAN LODGE sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of BIRMAN LODGE, 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 BIRMAN LODGE). 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 BIRMAN LODGE?

BIRMAN LODGE is located on SELKIRK CLOSE in CHELTENHAM, in the GL52 postcode district. The below map shows the position of BIRMAN LODGE on SELKIRK CLOSE.