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
243 LONDON ROAD is a very large extended detached house of 270m², built sometime before 1900. It was last sold for £817,500 in August 2013, which was around 126% above the average August 2013 detached price in the Cheltenham local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 243 LONDON 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 243 LONDON ROAD sales were for above 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 |
---|---|---|---|
2013 16 AUG | £817,500 | £361,778 | 126% above HPI |
2012 19 MAR | £575,000 | £349,227 | 65% above HPI |
2008 28 MAY | £675,000 | £338,963 | 99% above HPI |
The below graph shows the average detached house price in the Cheltenham local authority area over time, sourced from the HPI. The three 243 LONDON ROAD sales between May 2008 and August 2013 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 March 2012 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the August 2013 sale, where it rises to 126% above the HPI. The line then continues to track at 126% above the HPI.
243 LONDON ROAD is 270m², which includes three extensions, according to the EPC inspection conducted in May 2013. This puts it in the largest 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 243 LONDON ROAD lies on this distribution: 95% of detached houses are smaller than 243 LONDON ROAD, and 5% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.
243 LONDON ROAD sits on a plot of roughly 0.377 of an acre, or 1,526m². The below map shows the location of 243 LONDON 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 243 LONDON 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.
243 LONDON ROAD is located in CHARLTON KINGS, in the GL52 postcode district. The below map shows the position of No. 243 on LONDON ROAD.