TREETOPS, BALCARRAS RETREAT, CHARLTON KINGS, CHELTENHAM, GL53 8QU - £1,000,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

TREETOPS is a very large detached house of 221m², built sometime between 1996 and 2002, which could now be worth an estimated £1,214,201. It was last sold for £1,000,000 in April 2020, which was around 94% above the average April 2020 detached price in the Cheltenham local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was C.

TREETOPS Sold Prices

Land registry data shows two sales for TREETOPS 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 TREETOPS 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 3 APR	£1,000,000	£514,825	94% above HPI
1999 15 SEP	£385,000	£161,651	138% above HPI

TREETOPS 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 TREETOPS sales from September 1999 and April 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 September 1999 sale was for 138% above the HPI. So the extrapolation line tracks at 138% above the HPI over time, until the April 2020 sale, where it falls to 94% above the HPI. The line then continues to track at 94% above the HPI.

What might TREETOPS be worth now?

TREETOPS might now be worth an estimated £1,214,201.

This is based on house price inflation of 21.4%, between April 2020 and June 2025, for detached houses, in the Cheltenham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21.4% inflationary increase is applied to the most recent sale price for TREETOPS of £1,000,000 on 3rd April 2020. For the value to have increased from £1,000,000 to £1,214,201 over the four years and ten months to June 2025, the following assumptions must hold true:

• The value of TREETOPS has moved in line with the HPI for detached houses in the Cheltenham local authority area.
• The April 2020 sale price of £1,000,000 represented a fair market value for the property.
• The size, condition, and specification of TREETOPS has not materially changed since April 2020.

How Large is TREETOPS?

TREETOPS is 221m² according to the EPC inspection conducted in October 2016. This puts it in the largest 10% of detached houses houses in Cheltenham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cheltenham, and where TREETOPS lies on this distribution: 91% of detached houses houses are smaller than TREETOPS, and 9% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

TREETOPS: Plot and Title Map

TREETOPS sits on a plot of roughly 0.203 of an acre, or 823m². The below map shows the location of TREETOPS, 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 TREETOPS). 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 TREETOPS?

TREETOPS is located on BALCARRAS RETREAT in CHARLTON KINGS, in the GL53 postcode district. The below map shows the position of TREETOPS on BALCARRAS RETREAT.