1, WELLS CLOSE, CHELTENHAM, GL51 3BX - £205,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 WELLS CLOSE is a very small semi-detached house of 56m², built sometime between 1950 and 1966. It was last sold for £205,000 in September 2014, which was around 18% below the average September 2014 semi-detached price in the Cheltenham local authority area. The most recent EPC inspection was January 2014, where the current energy rating was C, and the potential energy rating was B.

1 WELLS CLOSE Sold Prices

Land registry data shows three sales for 1 WELLS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Cheltenham local authority area for the corresponding sale date. All of the three 1 WELLS 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
2014 29 SEP	£205,000	£250,066	18% below HPI
1999 13 APR	£83,500	£86,542	4% below HPI
1998 22 APR	£69,500	£76,766	9% below HPI

1 WELLS CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Cheltenham local authority area over time, sourced from the HPI. The three 1 WELLS CLOSE sales between April 1998 and September 2014 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 April 1999 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the September 2014 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 1 WELLS CLOSE be worth now?

1 WELLS CLOSE might now be worth an estimated £327,262.

This is based on house price inflation of 59.6%, between September 2014 and December 2024, for semi-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 59.6% inflationary increase is applied to the most recent sale price for 1 WELLS CLOSE of £205,000 on 29th September 2014. For the value to have increased from £205,000 to £327,262 over the nine years and nine months to December 2024, the following assumptions must hold true:

• The value of 1 WELLS CLOSE has moved in line with the HPI for semi-detached houses in the Cheltenham local authority area.
• The September 2014 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of 1 WELLS CLOSE has not materially changed since September 2014.

How Large is 1 WELLS CLOSE?

1 WELLS CLOSE is 56m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 10% of semi-detached houses houses in Cheltenham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Cheltenham, and where 1 WELLS CLOSE lies on this distribution: 1% of semi-detached houses houses are smaller than 1 WELLS CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

1 WELLS CLOSE: Plot and Title Map

1 WELLS CLOSE sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 1 WELLS 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 WELLS 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 WELLS CLOSE?

1 WELLS CLOSE is located in CHELTENHAM, in the GL51 postcode district. The below map shows the position of No. 1 on WELLS CLOSE.