THE SLEEPERS, MERLIN WAY, CHELTENHAM, GL53 0LS - £620,000

THE SLEEPERS is a large detached house of 154m², built sometime between 1991 and 1995. It was last sold for £620,000 in October 2016, which was around 40% above the average October 2016 detached price in the Cheltenham local authority area. The most recent EPC inspection was February 2015, where the current energy rating was C, and the potential energy rating was C.

THE SLEEPERS Sold Prices

Land registry data shows three sales for THE SLEEPERS 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. All of the three THE SLEEPERS 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
2016 5 OCT	£620,000	£442,826	40% above HPI
2003 30 SEP	£373,000	£266,023	40% above HPI
2000 14 JAN	£225,000	£169,833	32% above HPI

THE SLEEPERS 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 THE SLEEPERS sales between January 2000 and October 2016 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 2003 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the October 2016 sale, which was also at 40% above the HPI.

How Large is THE SLEEPERS?

THE SLEEPERS is 154m² according to the EPC inspection conducted in February 2015. This puts it in the largest 30% of detached houses in Cheltenham, based on EPC data. The below chart shows the distribution of detached houses by size in Cheltenham, and where THE SLEEPERS lies on this distribution: 70% of detached houses are smaller than THE SLEEPERS, and 30% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

THE SLEEPERS: Plot and Title Map

THE SLEEPERS sits on a plot of roughly 0.192 of an acre, or 776m². The below map shows the location of THE SLEEPERS, 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 THE SLEEPERS). 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 THE SLEEPERS?

THE SLEEPERS is located on MERLIN WAY in CHELTENHAM, in the GL53 postcode district. The below map shows the position of THE SLEEPERS on MERLIN WAY.