1, MERRIVILLE ROAD, CHELTENHAM, GL51 8JG - £180,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 MERRIVILLE ROAD is a very small semi-detached house of 71m², built sometime between 1930 and 1949. It was last sold for £180,000 in February 2014, which was around 22% below the average February 2014 semi-detached price in the Cheltenham local authority area. The most recent EPC inspection was December 2013, where the current energy rating was E, and the potential energy rating was B.

1 MERRIVILLE ROAD Sold Prices

Land registry data shows two sales for 1 MERRIVILLE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Cheltenham local authority area for the corresponding sale date. Both of the two 1 MERRIVILLE ROAD sales were for below 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
2014 18 FEB	£180,000	£231,914	22% below HPI
1997 28 FEB	£60,000	£66,747	10% below HPI

1 MERRIVILLE ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Cheltenham local authority area over time, sourced from the HPI. The two 1 MERRIVILLE ROAD sales from February 1997 and February 2014 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 February 1997 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the February 2014 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 1 MERRIVILLE ROAD be worth now?

1 MERRIVILLE ROAD might now be worth an estimated £309,843.

This is based on house price inflation of 72.1%, between February 2014 and December 2024, for semi-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 72.1% inflationary increase is applied to the most recent sale price for 1 MERRIVILLE ROAD of £180,000 on 18th February 2014. For the value to have increased from £180,000 to £309,843 over the nine years and two months to December 2024, the following assumptions must hold true:

• The value of 1 MERRIVILLE ROAD has moved in line with the HPI for semi-detached houses in the Cheltenham local authority area.
• The February 2014 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MERRIVILLE ROAD has not materially changed since February 2014.

How Large is 1 MERRIVILLE ROAD?

1 MERRIVILLE ROAD is 71m² according to the EPC inspection conducted in December 2013. This puts it in the smallest 10% of semi-detached houses houses in Cheltenham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Cheltenham, and where 1 MERRIVILLE ROAD lies on this distribution: 6% of semi-detached houses houses are smaller than 1 MERRIVILLE ROAD, and 94% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

1 MERRIVILLE ROAD: Plot and Title Map

1 MERRIVILLE ROAD sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 1 MERRIVILLE ROAD, 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 1 MERRIVILLE ROAD). 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 1 MERRIVILLE ROAD?

1 MERRIVILLE ROAD is located in CHELTENHAM, in the GL51 postcode district. The below map shows the position of No. 1 on MERRIVILLE ROAD.