18, ALMA ROAD, CHELTENHAM, GL51 3LS - £258,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

18 ALMA ROAD is a very small extended detached house of 57m², built sometime between 1967 and 1975. It was last sold for £258,000 in December 2017, which was around 46% below the average December 2017 detached price in the Cheltenham local authority area. The most recent EPC inspection was August 2017, where the current energy rating was E, and the potential energy rating was B.

18 ALMA ROAD Sold Prices

Land registry data shows three sales for 18 ALMA ROAD since 1^st 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 18 ALMA 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
2017 15 DEC	£258,000	£482,224	46% below HPI
1996 24 APR	£67,500	£100,493	33% below HPI
1995 15 DEC	£46,000	£105,057	56% below HPI

18 ALMA 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 three 18 ALMA ROAD sales between December 1995 and December 2017 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 April 1996 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the December 2017 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 18 ALMA ROAD?

18 ALMA ROAD is 57m², which includes one extension, according to the EPC inspection conducted in August 2017. 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 18 ALMA ROAD lies on this distribution: 2% of detached houses are smaller than 18 ALMA ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

18 ALMA ROAD: Plot and Title Map

18 ALMA ROAD sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 18 ALMA 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 18 ALMA 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 18 ALMA ROAD?

18 ALMA ROAD is located in CHELTENHAM, in the GL51 postcode district. The below map shows the position of No. 18 on ALMA ROAD.