11, WELLS CLOSE, CHELTENHAM, GL51 3BX - £315,000

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

11 WELLS CLOSE is a very small semi-detached house of 56m², built sometime between 1950 and 1966. It was last sold for £315,000 in November 2024, which was around 21% below the average November 2024 semi-detached price in the Cheltenham local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was B.

11 WELLS CLOSE Sold Prices

Land registry data shows two sales for 11 WELLS 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 11 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
2024 1 NOV	£315,000	£400,365	21% below HPI
2020 27 MAR	£220,000	£317,049	31% below HPI

11 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 two 11 WELLS CLOSE sales from March 2020 and November 2024 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 March 2020 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the November 2024 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 11 WELLS CLOSE be worth now?

11 WELLS CLOSE might now be worth an estimated £314,087.

This is based on house price deflation of 0.3%, between November 2024 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 0.3% deflationary decrease is applied to the most recent sale price for 11 WELLS CLOSE of £315,000 on 1st November 2024. For the value to have decreased from £315,000 to £314,087 over the eleven months to December 2024, the following assumptions must hold true:

• The value of 11 WELLS CLOSE has moved in line with the HPI for semi-detached houses in the Cheltenham local authority area.
• The November 2024 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 11 WELLS CLOSE has not materially changed since November 2024.

How Large is 11 WELLS CLOSE?

11 WELLS CLOSE is 56m² according to the EPC inspection conducted in October 2018. 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 11 WELLS CLOSE lies on this distribution: 1% of semi-detached houses houses are smaller than 11 WELLS CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

11 WELLS CLOSE: Plot and Title Map

11 WELLS CLOSE sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 11 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 11 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 11 WELLS CLOSE?

11 WELLS CLOSE is located in CHELTENHAM, in the GL51 postcode district. The below map shows the position of No. 11 on WELLS CLOSE.