24, RUSSET ROAD, CHELTENHAM, GL51 7LW - £199,950

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

24 RUSSET ROAD is a very small semi-detached house of 82m², built sometime between 1950 and 1966, which could now be worth an estimated £319,904. It was last sold for £199,950 in September 2014, which was around 20% below the average September 2014 semi-detached price in the Cheltenham local authority area. The most recent EPC inspection was May 2015, where the current energy rating was C, and the potential energy rating was B.

24 RUSSET ROAD Sold Prices

Land registry data shows two sales for 24 RUSSET ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Cheltenham local authority area for the corresponding sale date. Both of the two 24 RUSSET 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
2014 19 SEP	£199,950	£250,066	20% below HPI
2014 2 JUN	£125,000	£242,370	48% below HPI

24 RUSSET 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 two 24 RUSSET ROAD sales from June 2014 and September 2014 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 2014 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the September 2014 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 24 RUSSET ROAD be worth now?

24 RUSSET ROAD might now be worth an estimated £319,904.

This is based on house price inflation of 60%, between September 2014 and March 2025, 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 60% inflationary increase is applied to the most recent sale price for 24 RUSSET ROAD of £199,950 on 19th September 2014. For the value to have increased from £199,950 to £319,904 over the eleven years and six months to March 2025, the following assumptions must hold true:

• The value of 24 RUSSET ROAD has moved in line with the HPI for semi-detached houses in the Cheltenham local authority area.
• The September 2014 sale price of £199,950 represented a fair market value for the property.
• The size, condition, and specification of 24 RUSSET ROAD has not materially changed since September 2014.

How Large is 24 RUSSET ROAD?

24 RUSSET ROAD is 82m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 20% 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 24 RUSSET ROAD lies on this distribution: 11% of semi-detached houses houses are smaller than 24 RUSSET ROAD, and 88% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

24 RUSSET ROAD: Plot and Title Map

24 RUSSET ROAD sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 24 RUSSET 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 24 RUSSET 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 24 RUSSET ROAD?

24 RUSSET ROAD is located in CHELTENHAM, in the GL51 postcode district. The below map shows the position of No. 24 on RUSSET ROAD.