15, SOUTHFIELD CLOSE, CHELTENHAM, GL53 9LE - £520,500

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

15 SOUTHFIELD CLOSE is a small extended detached house of 104m², built sometime between 1967 and 1975. It was last sold for £520,500 in December 2021, which was around 9% below the average December 2021 detached price in the Cheltenham local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was B.

15 SOUTHFIELD CLOSE Sold Prices

Land registry data shows two sales for 15 SOUTHFIELD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cheltenham local authority area for the corresponding sale date. Both of the two 15 SOUTHFIELD 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
2021 1 DEC	£520,500	£570,710	9% below HPI
2016 8 JUL	£341,000	£449,544	24% below HPI

15 SOUTHFIELD 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 two 15 SOUTHFIELD CLOSE sales from July 2016 and December 2021 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 July 2016 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the December 2021 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 15 SOUTHFIELD CLOSE be worth now?

15 SOUTHFIELD CLOSE might now be worth an estimated £573,557.

This is based on house price inflation of 10.2%, between December 2021 and December 2024, 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 10.2% inflationary increase is applied to the most recent sale price for 15 SOUTHFIELD CLOSE of £520,500 on 1st December 2021. For the value to have increased from £520,500 to £573,557 over the three years to December 2024, the following assumptions must hold true:

• The value of 15 SOUTHFIELD CLOSE has moved in line with the HPI for detached houses in the Cheltenham local authority area.
• The December 2021 sale price of £520,500 represented a fair market value for the property.
• The size, condition, and specification of 15 SOUTHFIELD CLOSE has not materially changed since December 2021.

How Large is 15 SOUTHFIELD CLOSE?

15 SOUTHFIELD CLOSE is 104m², which includes one extension, according to the EPC inspection conducted in August 2016. This puts it in the smallest 30% 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 SOUTHFIELD CLOSE lies on this distribution: 28% of detached houses houses are smaller than 15 SOUTHFIELD CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

15 SOUTHFIELD CLOSE: Plot and Title Map

15 SOUTHFIELD CLOSE sits on a plot of roughly 0.106 of an acre, or 428m². The below map shows the location of 15 SOUTHFIELD 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 SOUTHFIELD 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 SOUTHFIELD CLOSE?

15 SOUTHFIELD CLOSE is located in CHELTENHAM, in the GL53 postcode district. The below map shows the position of No. 15 on SOUTHFIELD CLOSE.