15, ALDERSHAW CLOSE, UP HATHERLEY, CHELTENHAM, GL51 3TP - £450,000

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.

15 ALDERSHAW CLOSE is a small extended detached house of 110m², built sometime between 1983 and 1990, which could now be worth an estimated £544,444. It was last sold for £450,000 in October 2018, which was around 14% below the average October 2018 detached price in the Cheltenham local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was B.

15 ALDERSHAW CLOSE Sold Prices

Land registry data shows three sales for 15 ALDERSHAW 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 15 ALDERSHAW 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
2018 19 OCT	£450,000	£521,316	14% below HPI
1997 27 MAR	£115,000	£116,436	1% below HPI
1995 28 JUL	£89,250	£107,022	17% below HPI

15 ALDERSHAW 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 15 ALDERSHAW CLOSE sales between July 1995 and October 2018 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 1997 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the October 2018 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 15 ALDERSHAW CLOSE be worth now?

15 ALDERSHAW CLOSE might now be worth an estimated £544,444.

This is based on house price inflation of 21%, between October 2018 and February 2025, for 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 21% inflationary increase is applied to the most recent sale price for 15 ALDERSHAW CLOSE of £450,000 on 19th October 2018. For the value to have increased from £450,000 to £544,444 over the seven years and eight months to February 2025, the following assumptions must hold true:

• The value of 15 ALDERSHAW CLOSE has moved in line with the HPI for detached houses in the Cheltenham local authority area.
• The October 2018 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 15 ALDERSHAW CLOSE has not materially changed since October 2018.

How Large is 15 ALDERSHAW CLOSE?

15 ALDERSHAW CLOSE is 110m², which includes one extension, according to the EPC inspection conducted in September 2018. This puts it in the smallest 40% of detached houses houses in Cheltenham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cheltenham, and where 15 ALDERSHAW CLOSE lies on this distribution: 34% of detached houses houses are smaller than 15 ALDERSHAW CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

15 ALDERSHAW CLOSE: Plot and Title Map

15 ALDERSHAW CLOSE sits on a plot of roughly 0.089 of an acre, or 362m². The below map shows the location of 15 ALDERSHAW 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 15 ALDERSHAW 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 15 ALDERSHAW CLOSE?

15 ALDERSHAW CLOSE is located in UP HATHERLEY, in the GL51 postcode district. The below map shows the position of No. 15 on ALDERSHAW CLOSE.