FLAT 2, 39, MONTPELLIER TERRACE, CHELTENHAM, GL50 1UX - £93,950

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

FLAT 2 39 MONTPELLIER TERRACE is a very small detached house of 25m², built sometime before 1900. It was last sold for £93,950 in April 2014, which was around 75% below the average April 2014 detached price in the Cheltenham local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was C.

FLAT 2 39 MONTPELLIER TERRACE Sold Prices

Land registry data shows two sales for FLAT 2 39 MONTPELLIER TERRACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cheltenham local authority area for the corresponding sale date. Both of the two FLAT 2 39 MONTPELLIER TERRACE 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
2014 16 APR	£93,950	£378,244	75% below HPI
2005 29 JUL	£72,500	£310,272	77% below HPI

FLAT 2 39 MONTPELLIER TERRACE 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 two FLAT 2 39 MONTPELLIER TERRACE sales from July 2005 and April 2014 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 July 2005 sale was for 77% below the HPI. So the extrapolation line tracks at 77% below the HPI over time, until the April 2014 sale, where it rises to 75% below the HPI. The line then continues to track at 75% below the HPI.

How Large is FLAT 2 39 MONTPELLIER TERRACE?

FLAT 2 39 MONTPELLIER TERRACE is 25m² according to the EPC inspection conducted in July 2023. 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 FLAT 2 39 MONTPELLIER TERRACE lies on this distribution: Less than 1% of detached houses are smaller than FLAT 2 39 MONTPELLIER TERRACE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

FLAT 2 39 MONTPELLIER TERRACE: Plot and Title Map

FLAT 2 39 MONTPELLIER TERRACE sits on a plot of roughly 0.033 of an acre, or 133m². The below map shows the location of FLAT 2 39 MONTPELLIER TERRACE, 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 FLAT 2 39 MONTPELLIER TERRACE). 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 FLAT 2 39 MONTPELLIER TERRACE?

FLAT 2, 39 MONTPELLIER TERRACE is located in CHELTENHAM, in the GL50 postcode district. The below map shows the position of No. 39 on MONTPELLIER TERRACE.