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
28 ARLE ROAD is a very small extended detached house of 75m², built sometime between 1930 and 1949. It was last sold for £270,000 in October 2019, which was around 44% below the average October 2019 detached price in the Cheltenham local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 28 ARLE 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 28 ARLE 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 |
---|---|---|---|
2019 23 OCT | £270,000 | £485,343 | 44% below HPI |
2014 10 JUL | £235,000 | £381,848 | 38% below HPI |
2007 30 OCT | £161,000 | £358,015 | 55% below HPI |
The below graph shows the average detached house price in the Cheltenham local authority area over time, sourced from the HPI. The three 28 ARLE ROAD sales between October 2007 and October 2019 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 July 2014 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the October 2019 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.
28 ARLE ROAD is 75m², which includes one extension, according to the EPC inspection conducted in September 2010. 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 28 ARLE ROAD lies on this distribution: 8% of detached houses are smaller than 28 ARLE ROAD, and 92% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.
28 ARLE ROAD sits on a plot of roughly 0.040 of an acre, or 163m². The below map shows the location of 28 ARLE 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 28 ARLE 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.
28 ARLE ROAD is located in CHELTENHAM, in the GL51 postcode district. The below map shows the position of No. 28 on ARLE ROAD.