WATERWOOD, MERESTONES ROAD, CHELTENHAM, GL50 2RS - £705,000

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

WATERWOOD is a large detached house of 146m², built sometime between 1983 and 1990. It was last sold for £705,000 in December 2016, which was around 60% above the average December 2016 detached price in the Cheltenham local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

WATERWOOD Sold Prices

Land registry data shows two sales for WATERWOOD 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 WATERWOOD 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
2016 13 DEC	£705,000	£441,114	60% above HPI
2000 12 MAY	£270,000	£178,099	52% above HPI

WATERWOOD 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 WATERWOOD sales from May 2000 and December 2016 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 May 2000 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the December 2016 sale, where it rises to 60% above the HPI. The line then continues to track at 60% above the HPI.

How Large is WATERWOOD?

WATERWOOD is 146m² according to the EPC inspection conducted in November 2014. This puts it in the largest 40% of detached houses in Cheltenham, based on EPC data. The below chart shows the distribution of detached houses by size in Cheltenham, and where WATERWOOD lies on this distribution: 66% of detached houses are smaller than WATERWOOD, and 34% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

WATERWOOD: Plot and Title Map

WATERWOOD sits on a plot of roughly 0.210 of an acre, or 849m². The below map shows the location of WATERWOOD, 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 WATERWOOD). 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 WATERWOOD?

WATERWOOD is located on MERESTONES ROAD in CHELTENHAM, in the GL50 postcode district. The below map shows the position of WATERWOOD on MERESTONES ROAD.