3, SLAD WAY, CHELTENHAM, GL52 5FA - £320,000

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

3 SLAD WAY is a very small detached house of 90m². It was last sold for £320,000 in March 2021, which was around 39% below the average March 2021 detached price in the Cheltenham local authority area. The most recent EPC inspection was November 2017, where the current energy rating was B, and the potential energy rating was A.

3 SLAD WAY Sold Prices

Land registry data shows two sales for 3 SLAD WAY 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 3 SLAD WAY 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 2 MAR	£320,000	£524,521	39% below HPI
2017 20 DEC	£281,000	£482,224	42% below HPI

3 SLAD WAY 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 3 SLAD WAY sales from December 2017 and March 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 2017 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the March 2021 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 3 SLAD WAY?

3 SLAD WAY is 90m² according to the EPC inspection conducted in November 2017. This puts it in the smallest 20% of detached houses in Cheltenham, based on EPC data. The below chart shows the distribution of detached houses by size in Cheltenham, and where 3 SLAD WAY lies on this distribution: 16% of detached houses are smaller than 3 SLAD WAY, and 83% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

3 SLAD WAY: Plot and Title Map

3 SLAD WAY sits on a plot of roughly 0.045 of an acre, or 181m². The below map shows the location of 3 SLAD WAY, 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 3 SLAD WAY). 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 3 SLAD WAY?

3 SLAD WAY is located in CHELTENHAM, in the GL52 postcode district. The below map shows the position of No. 3 on SLAD WAY.