346, GLOUCESTER ROAD, CHELTENHAM, GL51 7AE - £125,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

346 GLOUCESTER ROAD is a very small semi-detached house of 75m², built sometime before 1900. It was last sold for £125,000 in June 2003, which was around 24% below the average June 2003 semi-detached price in the Cheltenham local authority area. The most recent EPC inspection was October 2010, where the current energy rating was E, and the potential energy rating was E.

346 GLOUCESTER ROAD Sold Prices

Land registry data shows four sales for 346 GLOUCESTER ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Cheltenham local authority area for the corresponding sale date. All of the four 346 GLOUCESTER 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
2003 23 JUN	£125,000	£165,025	24% below HPI
2001 8 OCT	£78,000	£123,433	37% below HPI
1999 3 NOV	£65,000	£97,302	33% below HPI
1995 30 JUN	£38,000	£63,329	40% below HPI

346 GLOUCESTER ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Cheltenham local authority area over time, sourced from the HPI. The four 346 GLOUCESTER ROAD sales between June 1995 and June 2003 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 October 2001 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the June 2003 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 346 GLOUCESTER ROAD be worth now?

346 GLOUCESTER ROAD might now be worth an estimated £302,382.

This is based on house price inflation of 141.9%, between June 2003 and December 2024, for semi-detached houses, in the Cheltenham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 141.9% inflationary increase is applied to the most recent sale price for 346 GLOUCESTER ROAD of £125,000 on 23rd June 2003. For the value to have increased from £125,000 to £302,382 over the twenty years and six months to December 2024, the following assumptions must hold true:

• The value of 346 GLOUCESTER ROAD has moved in line with the HPI for semi-detached houses in the Cheltenham local authority area.
• The June 2003 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 346 GLOUCESTER ROAD has not materially changed since June 2003.

How Large is 346 GLOUCESTER ROAD?

346 GLOUCESTER ROAD is 75m² according to the EPC inspection conducted in October 2010. This puts it in the smallest 10% of semi-detached houses houses in Cheltenham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Cheltenham, and where 346 GLOUCESTER ROAD lies on this distribution: 8% of semi-detached houses houses are smaller than 346 GLOUCESTER ROAD, and 92% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

346 GLOUCESTER ROAD: Plot and Title Map

346 GLOUCESTER ROAD sits on a plot of roughly 0.017 of an acre, or 68m². The below map shows the location of 346 GLOUCESTER 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 346 GLOUCESTER 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 346 GLOUCESTER ROAD?

346 GLOUCESTER ROAD is located in CHELTENHAM, in the GL51 postcode district. The below map shows the position of No. 346 on GLOUCESTER ROAD.