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
122 ARLE ROAD is a very large extended detached house of 197m², built sometime between 1930 and 1949. It was last sold for £310,000 in August 2015, which was around 26% below the average August 2015 detached price in the Cheltenham local authority area. The most recent EPC inspection was April 2009, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 122 ARLE ROAD since 1st 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 122 ARLE 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 |
---|---|---|---|
2015 4 AUG | £310,000 | £417,551 | 26% below HPI |
2009 3 JUL | £260,000 | £300,321 | 13% below HPI |
1996 23 OCT | £75,000 | £106,626 | 30% below HPI |
The below graph shows the average detached house price in the Cheltenham local authority area over time, sourced from the HPI. The three 122 ARLE ROAD sales between October 1996 and August 2015 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 July 2009 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the August 2015 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.
122 ARLE ROAD is 197m², which includes one extension, according to the EPC inspection conducted in April 2009. 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 122 ARLE ROAD lies on this distribution: 87% of detached houses are smaller than 122 ARLE ROAD, and 13% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.
122 ARLE ROAD sits on a plot of roughly 0.130 of an acre, or 528m². The below map shows the location of 122 ARLE 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 122 ARLE 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.
122 ARLE ROAD is located in CHELTENHAM, in the GL51 postcode district. The below map shows the position of No. 122 on ARLE ROAD.