2, CHERITON CLOSE, UP HATHERLEY, CHELTENHAM, GL51 3NR - £380,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 CHERITON CLOSE is a midsized extended detached house of 120m², built sometime between 1991 and 1995. It was last sold for £380,000 in March 2016, which was around 11% below the average March 2016 detached price in the Cheltenham local authority area. The most recent EPC inspection was October 2015, where the current energy rating was C, and the potential energy rating was B.

2 CHERITON CLOSE Sold Prices

Land registry data shows three sales for 2 CHERITON 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 CHERITON 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
2016 11 MAR	£380,000	£427,938	11% below HPI
2000 13 NOV	£169,950	£185,399	8% below HPI
1996 25 NOV	£103,000	£108,835	5% below HPI

2 CHERITON 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 CHERITON CLOSE sales between November 1996 and March 2016 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 November 2000 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the March 2016 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 2 CHERITON CLOSE?

2 CHERITON CLOSE is 120m², which includes one extension, according to the EPC inspection conducted in October 2015. This puts it in the smallest 50% of detached houses in Cheltenham, based on EPC data. The below chart shows the distribution of detached houses by size in Cheltenham, and where 2 CHERITON CLOSE lies on this distribution: 44% of detached houses are smaller than 2 CHERITON CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

2 CHERITON CLOSE: Plot and Title Map

2 CHERITON CLOSE sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of 2 CHERITON 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 CHERITON 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 CHERITON CLOSE?

2 CHERITON CLOSE is located in UP HATHERLEY, in the GL51 postcode district. The below map shows the position of No. 2 on CHERITON CLOSE.