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
23 MALDEN ROAD is a very small detached house of 85m², built sometime before 1900. It was last sold for £348,000 in October 2019, which was around 28% below the average October 2019 detached price in the Cheltenham local authority area. The most recent EPC inspection was May 2010, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows three sales for 23 MALDEN 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 23 MALDEN 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 | £348,000 | £485,343 | 28% below HPI |
2004 26 JAN | £235,000 | £273,507 | 14% below HPI |
2002 16 SEP | £200,011 | £258,289 | 23% 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 23 MALDEN ROAD sales between September 2002 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 January 2004 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the October 2019 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.
23 MALDEN ROAD is 85m² according to the EPC inspection conducted in May 2010. This puts it in the smallest 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 23 MALDEN ROAD lies on this distribution: 14% of detached houses are smaller than 23 MALDEN ROAD, and 86% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.
23 MALDEN ROAD sits on a plot of roughly 0.031 of an acre, or 124m². The below map shows the location of 23 MALDEN 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 23 MALDEN 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.
23 MALDEN ROAD is located in CHELTENHAM, in the GL52 postcode district. The below map shows the position of No. 23 on MALDEN ROAD.