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
28 COLTHAM ROAD is a very small detached house of 58m², built sometime between 1950 and 1966. It was last sold for £292,500 in February 2024, which was around 52% below the average February 2024 detached price in the Cheltenham local authority area. The most recent EPC inspection was September 2023, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 28 COLTHAM 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 COLTHAM 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 |
---|---|---|---|
2024 9 FEB | £292,500 | £604,740 | 52% below HPI |
2004 14 JAN | £186,000 | £273,507 | 32% below HPI |
2003 14 APR | £130,000 | £264,908 | 51% 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 COLTHAM ROAD sales between April 2003 and February 2024 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 January 2004 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the February 2024 sale, where it falls to 52% below the HPI. The line then continues to track at 52% below the HPI.
28 COLTHAM ROAD is 58m² according to the EPC inspection conducted in September 2023. 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 COLTHAM ROAD lies on this distribution: 2% of detached houses are smaller than 28 COLTHAM ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.
28 COLTHAM ROAD sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 28 COLTHAM 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 COLTHAM 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 COLTHAM ROAD is located in CHELTENHAM, in the GL52 postcode district. The below map shows the position of No. 28 on COLTHAM ROAD.