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
25 SOMERGATE ROAD is a very small detached house of 66m², built sometime between 1983 and 1990. It was last sold for £240,000 in October 2021, which was around 56% below the average October 2021 detached price in the Cheltenham local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 25 SOMERGATE ROAD since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cheltenham local authority area for the corresponding sale date. Both of the two 25 SOMERGATE 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 |
---|---|---|---|
2021 29 OCT | £240,000 | £540,116 | 56% below HPI |
2014 19 DEC | £152,000 | £387,960 | 61% below HPI |
The below graph shows the average detached house price in the Cheltenham local authority area over time, sourced from the HPI. The two 25 SOMERGATE ROAD sales from December 2014 and October 2021 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 December 2014 sale was for 61% below the HPI. So the extrapolation line tracks at 61% below the HPI over time, until the October 2021 sale, where it rises to 56% below the HPI. The line then continues to track at 56% below the HPI.
25 SOMERGATE ROAD is 66m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 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 25 SOMERGATE ROAD lies on this distribution: 4% of detached houses are smaller than 25 SOMERGATE ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.
25 SOMERGATE ROAD sits on a plot of roughly 0.054 of an acre, or 220m². The below map shows the location of 25 SOMERGATE 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 25 SOMERGATE 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.
25 SOMERGATE ROAD is located in CHELTENHAM, in the GL51 postcode district. The below map shows the position of No. 25 on SOMERGATE ROAD.