11, NORTHBANK CLOSE, THE REDDINGS, CHELTENHAM, GL51 6UA - £319,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

11 NORTHBANK CLOSE is a very small semi-detached house of 83m², built sometime between 1950 and 1966. It was last sold for £319,000 in March 2022, which was around 45% below the average March 2022 detached price in the Cheltenham local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

11 NORTHBANK CLOSE Sold Prices

Land registry data shows three sales for 11 NORTHBANK 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 11 NORTHBANK 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
2022 28 MAR	£319,000	£576,003	45% below HPI
2014 15 AUG	£265,000	£386,503	31% below HPI
2013 12 DEC	£188,000	£359,741	48% below HPI

11 NORTHBANK 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 11 NORTHBANK CLOSE sales between December 2013 and March 2022 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 August 2014 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the March 2022 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 11 NORTHBANK CLOSE?

11 NORTHBANK CLOSE is 83m² according to the EPC inspection conducted in February 2014. 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 11 NORTHBANK CLOSE lies on this distribution: 12% of detached houses are smaller than 11 NORTHBANK CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

11 NORTHBANK CLOSE: Plot and Title Map

11 NORTHBANK CLOSE sits on a plot of roughly 0.042 of an acre, or 168m². The below map shows the location of 11 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 11 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 11 NORTHBANK CLOSE?

11 NORTHBANK CLOSE is located in THE REDDINGS, in the GL51 postcode district. The below map shows the position of No. 11 on NORTHBANK CLOSE.