4, MERRIVILLE GARDENS, CHELTENHAM, GL51 8JE - £260,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 MERRIVILLE GARDENS is a very small extended semi-detached house of 60m², built sometime between 1967 and 1975, which could now be worth an estimated £268,371. It was last sold for £260,000 in November 2023, which was around 33% below the average November 2023 semi-detached price in the Cheltenham local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was B.

4 MERRIVILLE GARDENS Sold Prices

Land registry data shows three sales for 4 MERRIVILLE GARDENS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Cheltenham local authority area for the corresponding sale date. All of the three 4 MERRIVILLE GARDENS 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 17 NOV	£260,000	£387,606	33% below HPI
2017 11 AUG	£212,500	£296,052	28% below HPI
1997 14 MAR	£49,995	£68,596	27% below HPI

4 MERRIVILLE GARDENS 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 three 4 MERRIVILLE GARDENS sales between March 1997 and November 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 August 2017 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the November 2023 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 4 MERRIVILLE GARDENS be worth now?

4 MERRIVILLE GARDENS might now be worth an estimated £268,371.

This is based on house price inflation of 3.2%, between November 2023 and March 2025, 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 3.2% inflationary increase is applied to the most recent sale price for 4 MERRIVILLE GARDENS of £260,000 on 17th November 2023. For the value to have increased from £260,000 to £268,371 over the two years and eight months to March 2025, the following assumptions must hold true:

• The value of 4 MERRIVILLE GARDENS has moved in line with the HPI for semi-detached houses in the Cheltenham local authority area.
• The November 2023 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 4 MERRIVILLE GARDENS has not materially changed since November 2023.

How Large is 4 MERRIVILLE GARDENS?

4 MERRIVILLE GARDENS is 60m², which includes one extension, according to the EPC inspection conducted in March 2023. 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 4 MERRIVILLE GARDENS lies on this distribution: 2% of semi-detached houses houses are smaller than 4 MERRIVILLE GARDENS, and 98% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

4 MERRIVILLE GARDENS: Plot and Title Map

4 MERRIVILLE GARDENS sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 4 MERRIVILLE GARDENS, 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 4 MERRIVILLE GARDENS). 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 4 MERRIVILLE GARDENS?

4 MERRIVILLE GARDENS is located in CHELTENHAM, in the GL51 postcode district. The below map shows the position of No. 4 on MERRIVILLE GARDENS.