1B, MERRIVILLE ROAD, CHELTENHAM, GL51 8JF - £236,000

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

1B MERRIVILLE ROAD is a very small extended semi-detached house of 76m², built sometime between 1950 and 1966, which could now be worth an estimated £305,844. It was last sold for £236,000 in October 2019, which was around 23% below the average October 2019 semi-detached price in the Cheltenham local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

1B MERRIVILLE ROAD Sold Prices

Land registry data shows three sales for 1B MERRIVILLE ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Cheltenham local authority area for the corresponding sale date. All of the three 1B 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
2019 31 OCT	£236,000	£308,041	23% below HPI
2015 30 NOV	£210,000	£265,252	21% below HPI
2006 30 AUG	£145,000	£210,077	31% below HPI

1B 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 three 1B MERRIVILLE ROAD sales between August 2006 and October 2019 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 2015 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the October 2019 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 1B MERRIVILLE ROAD be worth now?

1B MERRIVILLE ROAD might now be worth an estimated £305,844.

This is based on house price inflation of 29.6%, between October 2019 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 29.6% inflationary increase is applied to the most recent sale price for 1B MERRIVILLE ROAD of £236,000 on 31st October 2019. For the value to have increased from £236,000 to £305,844 over the four years and ten months to December 2024, the following assumptions must hold true:

• The value of 1B MERRIVILLE ROAD has moved in line with the HPI for semi-detached houses in the Cheltenham local authority area.
• The October 2019 sale price of £236,000 represented a fair market value for the property.
• The size, condition, and specification of 1B MERRIVILLE ROAD has not materially changed since October 2019.

How Large is 1B MERRIVILLE ROAD?

1B MERRIVILLE ROAD is 76m², which includes one extension, according to the EPC inspection conducted in July 2015. 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 1B MERRIVILLE ROAD lies on this distribution: 8% of semi-detached houses houses are smaller than 1B MERRIVILLE ROAD, and 91% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

1B MERRIVILLE ROAD: Plot and Title Map

1B MERRIVILLE ROAD sits on a plot of roughly 0.043 of an acre, or 173m². The below map shows the location of 1B 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 1B 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 1B MERRIVILLE ROAD?

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