18, NOURSE CLOSE, CHELTENHAM, GL53 0NQ - £625,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

18 NOURSE CLOSE is a midsized extended detached house of 138m², built sometime between 1983 and 1990. It was last sold for £625,000 in June 2021, which was around 17% above the average June 2021 detached price in the Cheltenham local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.

18 NOURSE CLOSE Sold Prices

Land registry data shows two sales for 18 NOURSE 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 18 NOURSE 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
2021 18 JUN	£625,000	£532,793	17% above HPI
1999 19 MAR	£145,000	£142,787	2% above HPI

18 NOURSE 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 18 NOURSE CLOSE sales from March 1999 and June 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 March 1999 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the June 2021 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 18 NOURSE CLOSE?

18 NOURSE CLOSE is 138m², which includes one extension, according to the EPC inspection conducted in March 2021. This puts it in the largest 40% of detached houses in Cheltenham, based on EPC data. The below chart shows the distribution of detached houses by size in Cheltenham, and where 18 NOURSE CLOSE lies on this distribution: 60% of detached houses are smaller than 18 NOURSE CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

18 NOURSE CLOSE: Plot and Title Map

18 NOURSE CLOSE sits on a plot of roughly 0.112 of an acre, or 453m². The below map shows the location of 18 NOURSE 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 18 NOURSE 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 18 NOURSE CLOSE?

18 NOURSE CLOSE is located in CHELTENHAM, in the GL53 postcode district. The below map shows the position of No. 18 on NOURSE CLOSE.