41, MERRIVILLE ROAD, CHELTENHAM, GL51 8JG - £325,000

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

41 MERRIVILLE ROAD is a small semi-detached house of 97m², built sometime between 1950 and 1966. It was last sold for £325,000 in September 2021, which was around 5% below the average September 2021 semi-detached price in the Cheltenham local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was B.

41 MERRIVILLE ROAD Sold Prices

Land registry data shows four sales for 41 MERRIVILLE 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 41 MERRIVILLE 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
2021 29 SEP	£325,000	£341,186	5% below HPI
2019 29 NOV	£237,500	£305,728	22% below HPI
2013 2 MAY	£187,000	£219,876	15% below HPI
2004 29 SEP	£175,000	£194,579	10% below HPI

41 MERRIVILLE 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 41 MERRIVILLE ROAD sales between September 2004 and September 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 November 2019 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the September 2021 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 41 MERRIVILLE ROAD be worth now?

41 MERRIVILLE ROAD might now be worth an estimated £380,267.

This is based on house price inflation of 17%, between September 2021 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 17% inflationary increase is applied to the most recent sale price for 41 MERRIVILLE ROAD of £325,000 on 29th September 2021. For the value to have increased from £325,000 to £380,267 over the two years and nine months to December 2024, the following assumptions must hold true:

• The value of 41 MERRIVILLE ROAD has moved in line with the HPI for semi-detached houses in the Cheltenham local authority area.
• The September 2021 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 41 MERRIVILLE ROAD has not materially changed since September 2021.

How Large is 41 MERRIVILLE ROAD?

41 MERRIVILLE ROAD is 97m² according to the EPC inspection conducted in June 2012. This puts it in the smallest 30% 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 41 MERRIVILLE ROAD lies on this distribution: 22% of semi-detached houses houses are smaller than 41 MERRIVILLE ROAD, and 78% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

41 MERRIVILLE ROAD: Plot and Title Map

41 MERRIVILLE ROAD sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 41 MERRIVILLE 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 41 MERRIVILLE 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 41 MERRIVILLE ROAD?

41 MERRIVILLE ROAD is located in CHELTENHAM, in the GL51 postcode district. The below map shows the position of No. 41 on MERRIVILLE ROAD.