118, CAERNARVON ROAD, CHELTENHAM, GL51 3JR - £440,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

118 CAERNARVON ROAD is a very small extended detached house of 79m², built sometime between 1967 and 1975. It was last sold for £440,000 in November 2022, which was around 30% below the average November 2022 detached price in the Cheltenham local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

118 CAERNARVON ROAD Sold Prices

Land registry data shows four sales for 118 CAERNARVON ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cheltenham local authority area for the corresponding sale date. All of the four 118 CAERNARVON 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
2022 28 NOV	£440,000	£630,059	30% below HPI
2013 6 DEC	£250,000	£359,741	31% below HPI
2004 18 JUN	£200,000	£281,807	29% below HPI
1997 26 SEP	£80,500	£124,427	35% below HPI

118 CAERNARVON ROAD 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 four 118 CAERNARVON ROAD sales between September 1997 and November 2022 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 December 2013 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the November 2022 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 118 CAERNARVON ROAD?

118 CAERNARVON ROAD is 79m², which includes one extension, according to the EPC inspection conducted in September 2013. This puts it in the smallest 10% of detached houses in Cheltenham, based on EPC data. The below chart shows the distribution of detached houses by size in Cheltenham, and where 118 CAERNARVON ROAD lies on this distribution: 10% of detached houses are smaller than 118 CAERNARVON ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

118 CAERNARVON ROAD: Plot and Title Map

118 CAERNARVON ROAD sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 118 CAERNARVON 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 118 CAERNARVON 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 118 CAERNARVON ROAD?

118 CAERNARVON ROAD is located in CHELTENHAM, in the GL51 postcode district. The below map shows the position of No. 118 on CAERNARVON ROAD.