45, MERRIVILLE ROAD, CHELTENHAM, GL51 8JG - £332,000

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

45 MERRIVILLE ROAD is a small semi-detached house of 99m², built sometime between 1967 and 1975. It was last sold for £332,000 in June 2024, which was around 15% below the average June 2024 semi-detached price in the Cheltenham local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

45 MERRIVILLE ROAD Sold Prices

Land registry data shows three sales for 45 MERRIVILLE ROAD 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 45 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
2024 24 JUN	£332,000	£390,269	15% below HPI
2021 16 SEP	£307,000	£341,186	10% below HPI
2000 15 DEC	£103,000	£109,427	6% below HPI

45 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 three 45 MERRIVILLE ROAD sales between December 2000 and June 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 September 2021 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the June 2024 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 45 MERRIVILLE ROAD be worth now?

45 MERRIVILLE ROAD might now be worth an estimated £339,602.

This is based on house price inflation of 2.3%, between June 2024 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 2.3% inflationary increase is applied to the most recent sale price for 45 MERRIVILLE ROAD of £332,000 on 24th June 2024. For the value to have increased from £332,000 to £339,602 over the six months to December 2024, the following assumptions must hold true:

• The value of 45 MERRIVILLE ROAD has moved in line with the HPI for semi-detached houses in the Cheltenham local authority area.
• The June 2024 sale price of £332,000 represented a fair market value for the property.
• The size, condition, and specification of 45 MERRIVILLE ROAD has not materially changed since June 2024.

How Large is 45 MERRIVILLE ROAD?

45 MERRIVILLE ROAD is 99m² according to the EPC inspection conducted in June 2021. 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 45 MERRIVILLE ROAD lies on this distribution: 23% of semi-detached houses houses are smaller than 45 MERRIVILLE ROAD, and 76% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

45 MERRIVILLE ROAD: Plot and Title Map

45 MERRIVILLE ROAD sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 45 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 45 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 45 MERRIVILLE ROAD?

45 MERRIVILLE ROAD is located in CHELTENHAM, in the GL51 postcode district. The below map shows the position of No. 45 on MERRIVILLE ROAD.