10, NORTHBANK CLOSE, THE REDDINGS, CHELTENHAM, GL51 6UA - £375,000

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.

10 NORTHBANK CLOSE is a midsized extended semi-detached house of 116m², built sometime between 1950 and 1966, which could now be worth an estimated £436,620. It was last sold for £375,000 in December 2020, which was around 9% above the average December 2020 semi-detached price in the Cheltenham local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

10 NORTHBANK CLOSE Sold Prices

Land registry data shows two sales for 10 NORTHBANK CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Cheltenham local authority area for the corresponding sale date. Both of the two 10 NORTHBANK CLOSE sales were for above 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 11 DEC	£375,000	£342,791	9% above HPI
1999 16 APR	£102,000	£86,542	18% above HPI

10 NORTHBANK 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 two 10 NORTHBANK CLOSE sales from April 1999 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 April 1999 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the December 2020 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 10 NORTHBANK CLOSE be worth now?

10 NORTHBANK CLOSE might now be worth an estimated £436,620.

This is based on house price inflation of 16.4%, between December 2020 and February 2025, 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 16.4% inflationary increase is applied to the most recent sale price for 10 NORTHBANK CLOSE of £375,000 on 11th December 2020. For the value to have increased from £375,000 to £436,620 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 10 NORTHBANK CLOSE has moved in line with the HPI for semi-detached houses in the Cheltenham local authority area.
• The December 2020 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 10 NORTHBANK CLOSE has not materially changed since December 2020.

How Large is 10 NORTHBANK CLOSE?

10 NORTHBANK CLOSE is 116m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the smallest 50% 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 10 NORTHBANK CLOSE lies on this distribution: 41% of semi-detached houses houses are smaller than 10 NORTHBANK CLOSE, and 59% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

10 NORTHBANK CLOSE: Plot and Title Map

10 NORTHBANK CLOSE sits on a plot of roughly 0.157 of an acre, or 634m². The below map shows the location of 10 NORTHBANK 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 10 NORTHBANK 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 10 NORTHBANK CLOSE?

10 NORTHBANK CLOSE is located in THE REDDINGS, in the GL51 postcode district. The below map shows the position of No. 10 on NORTHBANK CLOSE.