48, STRICKLAND ROAD, CHELTENHAM, GL52 6RS - £240,000

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 STRICKLAND ROAD is a very small detached house of 51m², built sometime between 1950 and 1966. It was last sold for £240,000 in July 2017, which was around 49% below the average July 2017 detached price in the Cheltenham local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

48 STRICKLAND ROAD Sold Prices

Land registry data shows three sales for 48 STRICKLAND 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 STRICKLAND 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
2017 7 JUL	£240,000	£470,812	49% below HPI
2001 11 JAN	£117,500	£187,193	37% below HPI
1999 15 DEC	£85,000	£163,323	48% below HPI

48 STRICKLAND 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 STRICKLAND ROAD sales between December 1999 and July 2017 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 2001 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the July 2017 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 48 STRICKLAND ROAD?

48 STRICKLAND ROAD is 51m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 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 STRICKLAND ROAD lies on this distribution: Less than 1% of detached houses are smaller than 48 STRICKLAND ROAD, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

48 STRICKLAND ROAD: Plot and Title Map

48 STRICKLAND ROAD sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 48 STRICKLAND 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 STRICKLAND 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 STRICKLAND ROAD?

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