1, HALES CLOSE, CHELTENHAM, GL52 6TE - £450,000

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.

1 HALES CLOSE is a small extended detached house of 102m², built sometime between 1950 and 1966, which could now be worth an estimated £457,077. It was last sold for £450,000 in April 2023, which was around 28% below the average April 2023 detached price in the Cheltenham local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

1 HALES CLOSE Sold Prices

Land registry data shows three sales for 1 HALES CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cheltenham local authority area for the corresponding sale date. All of the three 1 HALES CLOSE 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
2023 28 APR	£450,000	£620,962	28% below HPI
2016 27 MAY	£325,000	£445,513	27% below HPI
2009 14 AUG	£230,000	£324,947	29% below HPI

1 HALES CLOSE 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 three 1 HALES CLOSE sales between August 2009 and April 2023 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 2016 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the April 2023 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 1 HALES CLOSE be worth now?

1 HALES CLOSE might now be worth an estimated £457,077.

This is based on house price inflation of 1.6%, between April 2023 and February 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 1.6% inflationary increase is applied to the most recent sale price for 1 HALES CLOSE of £450,000 on 28th April 2023. For the value to have increased from £450,000 to £457,077 over the two years and two months to February 2025, the following assumptions must hold true:

• The value of 1 HALES CLOSE has moved in line with the HPI for detached houses in the Cheltenham local authority area.
• The April 2023 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 1 HALES CLOSE has not materially changed since April 2023.

How Large is 1 HALES CLOSE?

1 HALES CLOSE is 102m², which includes two extensions, according to the EPC inspection conducted in August 2022. This puts it in the smallest 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 1 HALES CLOSE lies on this distribution: 26% of detached houses houses are smaller than 1 HALES CLOSE, and 73% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

1 HALES CLOSE: Plot and Title Map

1 HALES CLOSE sits on a plot of roughly 0.091 of an acre, or 370m². The below map shows the location of 1 HALES CLOSE, 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 1 HALES CLOSE). 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 1 HALES CLOSE?

1 HALES CLOSE is located in CHELTENHAM, in the GL52 postcode district. The below map shows the position of No. 1 on HALES CLOSE.