58B, GLOUCESTER ROAD, CHELTENHAM, GL51 8PA - £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

58B GLOUCESTER ROAD is a very small extended detached house of 53m², built sometime between 1967 and 1975. It was last sold for £240,000 in February 2023, which was around 60% below the average February 2023 detached price in the Cheltenham local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

58B GLOUCESTER ROAD Sold Prices

Land registry data shows four sales for 58B GLOUCESTER ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cheltenham local authority area for the corresponding sale date. All of the four 58B GLOUCESTER 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
2023 22 FEB	£240,000	£601,693	60% below HPI
2020 28 FEB	£197,000	£489,918	60% below HPI
1999 23 JUN	£69,000	£139,372	50% below HPI
1997 27 JUN	£50,950	£116,009	56% below HPI

58B GLOUCESTER 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 four 58B GLOUCESTER ROAD sales between June 1997 and February 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 February 2020 sale was for 60% below the HPI. So the extrapolation line tracks at 60% below the HPI over time, until the February 2023 sale, which was also at 60% below the HPI.

How Large is 58B GLOUCESTER ROAD?

58B GLOUCESTER ROAD is 53m², which includes one extension, according to the EPC inspection conducted in July 2021. 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 58B GLOUCESTER ROAD lies on this distribution: 1% of detached houses are smaller than 58B GLOUCESTER ROAD, and 99% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

58B GLOUCESTER ROAD: Plot and Title Map

58B GLOUCESTER ROAD sits on a plot of roughly 0.035 of an acre, or 143m². The below map shows the location of 58B GLOUCESTER 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 58B GLOUCESTER 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 58B GLOUCESTER ROAD?

58B GLOUCESTER ROAD is located in CHELTENHAM, in the GL51 postcode district. The below map shows the position of No. 58B on GLOUCESTER ROAD.