115, VILLAGE ROAD, CHELTENHAM, GL51 0AE - £196,000

115 VILLAGE ROAD is a very small extended detached house of 82m², built sometime between 1950 and 1966. It was last sold for £196,000 in January 2017, which was around 56% below the average January 2017 detached price in the Cheltenham local authority area. The most recent EPC inspection was October 2016, where the current energy rating was E, and the potential energy rating was C.

115 VILLAGE ROAD Sold Prices

Land registry data shows two sales for 115 VILLAGE ROAD 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 115 VILLAGE 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 27 JAN	£196,000	£442,551	56% below HPI
1997 24 SEP	£68,500	£124,427	45% below HPI

115 VILLAGE 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 two 115 VILLAGE ROAD sales from September 1997 and January 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 September 1997 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the January 2017 sale, where it falls to 56% below the HPI. The line then continues to track at 56% below the HPI.

How Large is 115 VILLAGE ROAD?

115 VILLAGE ROAD is 82m², which includes one extension, according to the EPC inspection conducted in October 2016. This puts it in the smallest 20% of detached houses in Cheltenham, based on EPC data. The below chart shows the distribution of detached houses by size in Cheltenham, and where 115 VILLAGE ROAD lies on this distribution: 11% of detached houses are smaller than 115 VILLAGE ROAD, and 88% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

115 VILLAGE ROAD: Plot and Title Map

115 VILLAGE ROAD sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 115 VILLAGE 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 115 VILLAGE 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 115 VILLAGE ROAD?

115 VILLAGE ROAD is located in CHELTENHAM, in the GL51 postcode district. The below map shows the position of No. 115 on VILLAGE ROAD.