2, BISHOPSTONE CLOSE, CHELTENHAM, GL51 0UD - £337,000

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

2 BISHOPSTONE CLOSE is a large extended detached house of 172m², built sometime between 1967 and 1975. It was last sold for £337,000 in October 2013, which was around 10% below the average October 2013 detached price in the Cheltenham local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was C.

2 BISHOPSTONE CLOSE Sold Prices

Land registry data shows three sales for 2 BISHOPSTONE 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 2 BISHOPSTONE 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
2013 7 OCT	£337,000	£375,601	10% below HPI
2012 12 APR	£300,000	£346,604	13% below HPI
2003 5 DEC	£200,000	£280,579	29% below HPI

2 BISHOPSTONE 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 2 BISHOPSTONE CLOSE sales between December 2003 and October 2013 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 April 2012 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the October 2013 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 2 BISHOPSTONE CLOSE be worth now?

2 BISHOPSTONE CLOSE might now be worth an estimated £564,254.

This is based on house price inflation of 67.4%, between October 2013 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 67.4% inflationary increase is applied to the most recent sale price for 2 BISHOPSTONE CLOSE of £337,000 on 7th October 2013. For the value to have increased from £337,000 to £564,254 over the ten years and ten months to December 2024, the following assumptions must hold true:

• The value of 2 BISHOPSTONE CLOSE has moved in line with the HPI for detached houses in the Cheltenham local authority area.
• The October 2013 sale price of £337,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BISHOPSTONE CLOSE has not materially changed since October 2013.

How Large is 2 BISHOPSTONE CLOSE?

2 BISHOPSTONE CLOSE is 172m², which includes one extension, according to the EPC inspection conducted in February 2012. This puts it in the largest 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 2 BISHOPSTONE CLOSE lies on this distribution: 78% of detached houses houses are smaller than 2 BISHOPSTONE CLOSE, and 22% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

2 BISHOPSTONE CLOSE: Plot and Title Map

2 BISHOPSTONE CLOSE sits on a plot of roughly 0.089 of an acre, or 361m². The below map shows the location of 2 BISHOPSTONE 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 2 BISHOPSTONE 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 2 BISHOPSTONE CLOSE?

2 BISHOPSTONE CLOSE is located in CHELTENHAM, in the GL51 postcode district. The below map shows the position of No. 2 on BISHOPSTONE CLOSE.