14, NORTHBANK CLOSE, THE REDDINGS, CHELTENHAM, GL51 6UA - £232,500

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

14 NORTHBANK CLOSE is a small semi-detached house of 94m², built sometime between 1967 and 1975, which could now be worth an estimated £417,975. It was last sold for £232,500 in July 2010, which was around 5% above the average July 2010 semi-detached price in the Cheltenham local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was C.

14 NORTHBANK CLOSE Sold Prices

Land registry data shows three sales for 14 NORTHBANK 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 14 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
2010 24 JUL	£232,500	£222,059	5% above HPI
2007 16 FEB	£220,000	£218,848	1% above HPI
2000 31 MAR	£107,500	£104,954	2% above HPI

14 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 three 14 NORTHBANK CLOSE sales between March 2000 and July 2010 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 February 2007 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the July 2010 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 14 NORTHBANK CLOSE be worth now?

14 NORTHBANK CLOSE might now be worth an estimated £417,975.

This is based on house price inflation of 79.8%, between July 2010 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 79.8% inflationary increase is applied to the most recent sale price for 14 NORTHBANK CLOSE of £232,500 on 24th July 2010. For the value to have increased from £232,500 to £417,975 over the thirteen years and seven months to December 2024, the following assumptions must hold true:

• The value of 14 NORTHBANK CLOSE has moved in line with the HPI for semi-detached houses in the Cheltenham local authority area.
• The July 2010 sale price of £232,500 represented a fair market value for the property.
• The size, condition, and specification of 14 NORTHBANK CLOSE has not materially changed since July 2010.

How Large is 14 NORTHBANK CLOSE?

14 NORTHBANK CLOSE is 94m² according to the EPC inspection conducted in April 2010. This puts it in the smallest 30% 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 14 NORTHBANK CLOSE lies on this distribution: 20% of semi-detached houses houses are smaller than 14 NORTHBANK CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

14 NORTHBANK CLOSE: Plot and Title Map

14 NORTHBANK CLOSE sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 14 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 14 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 14 NORTHBANK CLOSE?

14 NORTHBANK CLOSE is located in THE REDDINGS, in the GL51 postcode district. The below map shows the position of No. 14 on NORTHBANK CLOSE.