23, MERRIVILLE ROAD, CHELTENHAM, GL51 8JG - £330,000

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

23 MERRIVILLE ROAD is a small extended semi-detached house of 100m², built sometime between 1930 and 1949. It was last sold for £330,000 in December 2023, which was around 14% below the average December 2023 semi-detached price in the Cheltenham local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was B.

23 MERRIVILLE ROAD Sold Prices

Land registry data shows three sales for 23 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 23 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
2023 19 DEC	£330,000	£381,531	14% below HPI
2016 24 JUN	£221,000	£276,522	20% below HPI
2008 6 JUN	£165,000	£211,424	22% below HPI

23 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 23 MERRIVILLE ROAD sales between June 2008 and December 2023 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 June 2016 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the December 2023 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 23 MERRIVILLE ROAD be worth now?

23 MERRIVILLE ROAD might now be worth an estimated £345,287.

This is based on house price inflation of 4.6%, between December 2023 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 4.6% inflationary increase is applied to the most recent sale price for 23 MERRIVILLE ROAD of £330,000 on 19th December 2023. For the value to have increased from £330,000 to £345,287 over the one year to December 2024, the following assumptions must hold true:

• The value of 23 MERRIVILLE ROAD has moved in line with the HPI for semi-detached houses in the Cheltenham local authority area.
• The December 2023 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 23 MERRIVILLE ROAD has not materially changed since December 2023.

How Large is 23 MERRIVILLE ROAD?

23 MERRIVILLE ROAD is 100m², which includes two extensions, according to the EPC inspection conducted in September 2023. This puts it in the smallest 30% 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 23 MERRIVILLE ROAD lies on this distribution: 24% of semi-detached houses houses are smaller than 23 MERRIVILLE ROAD, and 75% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

23 MERRIVILLE ROAD: Plot and Title Map

23 MERRIVILLE ROAD sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 23 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 23 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 23 MERRIVILLE ROAD?

23 MERRIVILLE ROAD is located in CHELTENHAM, in the GL51 postcode district. The below map shows the position of No. 23 on MERRIVILLE ROAD.