57, JUSTICIA WAY, UP HATHERLEY, CHELTENHAM, GL51 3YH - £272,000

57 JUSTICIA WAY is a very small detached house of 92m², built sometime between 1991 and 1995. It was last sold for £272,000 in May 2010, which was around 19% below the average May 2010 detached price in the Cheltenham local authority area. The most recent EPC inspection was September 2009, where the current energy rating was D, and the potential energy rating was C.

57 JUSTICIA WAY Sold Prices

Land registry data shows four sales for 57 JUSTICIA WAY 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 57 JUSTICIA WAY 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
2010 21 MAY	£272,000	£336,264	19% below HPI
2002 4 FEB	£162,500	£215,316	25% below HPI
2000 15 MAR	£131,000	£175,988	26% below HPI
1996 11 NOV	£90,000	£108,835	17% below HPI

57 JUSTICIA WAY 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 57 JUSTICIA WAY sales between November 1996 and May 2010 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 February 2002 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the May 2010 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 57 JUSTICIA WAY?

57 JUSTICIA WAY is 92m² according to the EPC inspection conducted in September 2009. 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 57 JUSTICIA WAY lies on this distribution: 18% of detached houses are smaller than 57 JUSTICIA WAY, and 82% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

57 JUSTICIA WAY: Plot and Title Map

57 JUSTICIA WAY sits on a plot of roughly 0.086 of an acre, or 347m². The below map shows the location of 57 JUSTICIA WAY, 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 57 JUSTICIA WAY). 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 57 JUSTICIA WAY?

57 JUSTICIA WAY is located in UP HATHERLEY, in the GL51 postcode district. The below map shows the position of No. 57 on JUSTICIA WAY.