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
121 HALES ROAD is a very large extended detached house of 211m², built sometime between 1930 and 1949. It was last sold for £400,000 in March 2018, which was around 14% below the average March 2018 detached price in the Cheltenham local authority area. The most recent EPC inspection was November 2017, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows two sales for 121 HALES ROAD since 1st 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. One of the two 121 HALES ROAD sales was for below the average price, whilst the other was 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 |
---|---|---|---|
2018 2 MAR | £400,000 | £463,973 | 14% below HPI |
1995 28 NOV | £115,000 | £110,061 | 4% above HPI |
The below graph shows the average detached house price in the Cheltenham local authority area over time, sourced from the HPI. The two 121 HALES ROAD sales from November 1995 and March 2018 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 November 1995 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the March 2018 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.
121 HALES ROAD is 211m², which includes one extension, according to the EPC inspection conducted in November 2017. This puts it in the largest 20% of detached houses in Cheltenham, based on EPC data. The below chart shows the distribution of detached houses by size in Cheltenham, and where 121 HALES ROAD lies on this distribution: 89% of detached houses are smaller than 121 HALES ROAD, and 11% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.
121 HALES ROAD sits on a plot of roughly 0.197 of an acre, or 797m². The below map shows the location of 121 HALES 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 121 HALES 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.
121 HALES ROAD is located in CHELTENHAM, in the GL52 postcode district. The below map shows the position of No. 121 on HALES ROAD.