48, GRIFFITHS AVENUE, CHELTENHAM, GL51 7BE - £575,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

48 GRIFFITHS AVENUE is a large extended detached house of 166m², built sometime between 1983 and 1990, which could now be worth an estimated £640,085. It was last sold for £575,000 in December 2020, which was around 2% above the average December 2020 detached price in the Cheltenham local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was B.

48 GRIFFITHS AVENUE Sold Prices

Land registry data shows two sales for 48 GRIFFITHS AVENUE 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. One of the two 48 GRIFFITHS AVENUE sales was for above the average price, whilst the other was 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
2020 15 DEC	£575,000	£561,540	2% above HPI
2018 2 JUL	£375,000	£508,254	26% below HPI

48 GRIFFITHS AVENUE 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 48 GRIFFITHS AVENUE sales from July 2018 and December 2020 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 2018 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the December 2020 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 48 GRIFFITHS AVENUE be worth now?

48 GRIFFITHS AVENUE might now be worth an estimated £640,085.

This is based on house price inflation of 11.3%, between December 2020 and June 2025, for detached houses, in the Cheltenham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 11.3% inflationary increase is applied to the most recent sale price for 48 GRIFFITHS AVENUE of £575,000 on 15th December 2020. For the value to have increased from £575,000 to £640,085 over the five years and six months to June 2025, the following assumptions must hold true:

• The value of 48 GRIFFITHS AVENUE has moved in line with the HPI for detached houses in the Cheltenham local authority area.
• The December 2020 sale price of £575,000 represented a fair market value for the property.
• The size, condition, and specification of 48 GRIFFITHS AVENUE has not materially changed since December 2020.

How Large is 48 GRIFFITHS AVENUE?

48 GRIFFITHS AVENUE is 166m², which includes two extensions, according to the EPC inspection conducted in October 2020. This puts it in the largest 30% of detached houses houses in Cheltenham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cheltenham, and where 48 GRIFFITHS AVENUE lies on this distribution: 75% of detached houses houses are smaller than 48 GRIFFITHS AVENUE, and 24% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

48 GRIFFITHS AVENUE: Plot and Title Map

48 GRIFFITHS AVENUE sits on a plot of roughly 0.093 of an acre, or 378m². The below map shows the location of 48 GRIFFITHS AVENUE, 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 48 GRIFFITHS AVENUE). 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 48 GRIFFITHS AVENUE?

48 GRIFFITHS AVENUE is located in CHELTENHAM, in the GL51 postcode district. The below map shows the position of No. 48 on GRIFFITHS AVENUE.