PARABOLA LODGE, BAYSHILL LANE, CHELTENHAM, GL50 3AX - £842,000

PARABOLA LODGE is a small extended detached house of 109m², built sometime between 1967 and 1975. It was last sold for £842,000 in January 2020, which was around 72% above the average January 2020 detached price in the Cheltenham local authority area. The most recent EPC inspection was April 2017, where the current energy rating was C, and the potential energy rating was B.

PARABOLA LODGE Sold Prices

Land registry data shows two sales for PARABOLA LODGE 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 PARABOLA LODGE 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
2020 30 JAN	£842,000	£489,009	72% above HPI
2014 28 MAR	£425,000	£370,073	15% above HPI

PARABOLA 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 two PARABOLA LODGE sales from March 2014 and January 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 March 2014 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the January 2020 sale, where it rises to 72% above the HPI. The line then continues to track at 72% above the HPI.

How Large is PARABOLA LODGE?

PARABOLA LODGE is 109m², which includes two extensions, according to the EPC inspection conducted in April 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 PARABOLA LODGE lies on this distribution: 33% of detached houses are smaller than PARABOLA LODGE, and 66% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

PARABOLA LODGE: Plot and Title Map

PARABOLA LODGE sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of PARABOLA 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 PARABOLA 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 PARABOLA LODGE?

PARABOLA LODGE is located on BAYSHILL LANE in CHELTENHAM, in the GL50 postcode district. The below map shows the position of PARABOLA LODGE on BAYSHILL LANE.