278, OLD BATH ROAD, CHELTENHAM, GL53 9AP - £592,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

278 OLD BATH ROAD is a midsized extended detached house of 119m², built sometime between 1900 and 1929. It was last sold for £592,000 in March 2023, which was around 1% below the average March 2023 detached price in the Cheltenham local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was B.

278 OLD BATH ROAD Sold Prices

Land registry data shows two sales for 278 OLD BATH ROAD since 1^st 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 278 OLD BATH 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 3 MAR	£592,000	£598,881	1% below HPI
2014 15 APR	£320,000	£378,244	15% below HPI

278 OLD BATH ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cheltenham local authority area over time, sourced from the HPI. The two 278 OLD BATH ROAD sales from April 2014 and March 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 April 2014 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the March 2023 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 278 OLD BATH ROAD?

278 OLD BATH ROAD is 119m², which includes one extension, according to the EPC inspection conducted in March 2021. This puts it in the smallest 50% of detached houses in Cheltenham, based on EPC data. The below chart shows the distribution of detached houses by size in Cheltenham, and where 278 OLD BATH ROAD lies on this distribution: 43% of detached houses are smaller than 278 OLD BATH ROAD, and 56% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

278 OLD BATH ROAD: Plot and Title Map

278 OLD BATH ROAD sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 278 OLD BATH 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 278 OLD BATH 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 278 OLD BATH ROAD?

278 OLD BATH ROAD is located in CHELTENHAM, in the GL53 postcode district. The below map shows the position of No. 278 on OLD BATH ROAD.