MERRIVALE, SANDY LANE ROAD, CHARLTON KINGS, CHELTENHAM, GL53 9DB - £1,445,000

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

MERRIVALE is a very large extended detached house of 342m², built sometime between 1900 and 1929. It was last sold for £1,445,000 in September 2015, which was around 240% above the average September 2015 detached price in the Cheltenham local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was D.

MERRIVALE Sold Prices

Land registry data shows four sales for MERRIVALE 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 MERRIVALE 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
2015 2 SEP	£1,445,000	£424,681	240% above HPI
2012 13 AUG	£1,335,000	£352,761	278% above HPI
2008 1 AUG	£1,350,000	£335,712	302% above HPI
1995 21 APR	£280,000	£98,598	184% above HPI

MERRIVALE 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 MERRIVALE sales between April 1995 and September 2015 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 August 2012 sale was for 278% above the HPI. So the extrapolation line tracks at 278% above the HPI over time, until the September 2015 sale, where it falls to 240% above the HPI. The line then continues to track at 240% above the HPI.

How Large is MERRIVALE?

MERRIVALE is 342m², which includes three extensions, according to the EPC inspection conducted in February 2012. 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 MERRIVALE lies on this distribution: 98% of detached houses are smaller than MERRIVALE, and 2% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

MERRIVALE: Plot and Title Map

MERRIVALE sits on a plot of roughly 0.349 of an acre, or 1,414m². The below map shows the location of MERRIVALE, 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 MERRIVALE). 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 MERRIVALE?

MERRIVALE is located on SANDY LANE ROAD in CHARLTON KINGS, in the GL53 postcode district. The below map shows the position of MERRIVALE on SANDY LANE ROAD.