48, LONDON ROAD, CHELTENHAM, GL52 6DY - £878,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

48 LONDON ROAD is a very large extended detached house of 231m², built sometime before 1900. It was last sold for £878,000 in March 2018, which was around 89% above the average March 2018 detached price in the Cheltenham local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was D.

48 LONDON ROAD Sold Prices

Land registry data shows three sales for 48 LONDON ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cheltenham local authority area for the corresponding sale date. All of the three 48 LONDON ROAD sales were for above 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
2018 27 MAR	£878,000	£463,973	89% above HPI
2010 13 JAN	£500,000	£332,198	51% above HPI
2005 7 JUL	£415,000	£310,272	34% above HPI

48 LONDON ROAD 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 three 48 LONDON ROAD sales between July 2005 and March 2018 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 January 2010 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the March 2018 sale, where it rises to 89% above the HPI. The line then continues to track at 89% above the HPI.

How Large is 48 LONDON ROAD?

48 LONDON ROAD is 231m², which includes one extension, according to the EPC inspection conducted in October 2008. This puts it in the largest 10% of detached houses in Cheltenham, based on EPC data. The below chart shows the distribution of detached houses by size in Cheltenham, and where 48 LONDON ROAD lies on this distribution: 92% of detached houses are smaller than 48 LONDON ROAD, and 8% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

48 LONDON ROAD: Plot and Title Map

48 LONDON ROAD sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 48 LONDON 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 48 LONDON 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 48 LONDON ROAD?

48 LONDON ROAD is located in CHELTENHAM, in the GL52 postcode district. The below map shows the position of No. 48 on LONDON ROAD.