17, SPRINGBANK WAY, CHELTENHAM, GL51 0LH - £197,000

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.

17 SPRINGBANK WAY is a very small extended semi-detached house of 83m², built sometime between 1983 and 1990, which could now be worth an estimated £279,304. It was last sold for £197,000 in March 2017, which was around 30% below the average March 2017 semi-detached price in the Cheltenham local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

17 SPRINGBANK WAY Sold Prices

Land registry data shows two sales for 17 SPRINGBANK WAY 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 17 SPRINGBANK WAY 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
2017 10 MAR	£197,000	£281,508	30% below HPI
1996 18 OCT	£59,999	£64,536	7% below HPI

17 SPRINGBANK WAY 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 17 SPRINGBANK WAY sales from October 1996 and March 2017 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 October 1996 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the March 2017 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 17 SPRINGBANK WAY be worth now?

17 SPRINGBANK WAY might now be worth an estimated £279,304.

This is based on house price inflation of 41.8%, between March 2017 and February 2025, 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 41.8% inflationary increase is applied to the most recent sale price for 17 SPRINGBANK WAY of £197,000 on 10th March 2017. For the value to have increased from £197,000 to £279,304 over the eight years and one month to February 2025, the following assumptions must hold true:

• The value of 17 SPRINGBANK WAY has moved in line with the HPI for semi-detached houses in the Cheltenham local authority area.
• The March 2017 sale price of £197,000 represented a fair market value for the property.
• The size, condition, and specification of 17 SPRINGBANK WAY has not materially changed since March 2017.

How Large is 17 SPRINGBANK WAY?

17 SPRINGBANK WAY is 83m², which includes two extensions, according to the EPC inspection conducted in November 2016. This puts it in the smallest 20% 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 17 SPRINGBANK WAY lies on this distribution: 12% of semi-detached houses houses are smaller than 17 SPRINGBANK WAY, and 87% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

17 SPRINGBANK WAY: Plot and Title Map

17 SPRINGBANK WAY sits on a plot of roughly 0.050 of an acre, or 203m². The below map shows the location of 17 SPRINGBANK WAY, 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 17 SPRINGBANK WAY). 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 17 SPRINGBANK WAY?

17 SPRINGBANK WAY is located in CHELTENHAM, in the GL51 postcode district. The below map shows the position of No. 17 on SPRINGBANK WAY.