2, GROVELANDS CLOSE, CHARLTON KINGS, CHELTENHAM, GL53 8BS - £420,000

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

2 GROVELANDS CLOSE is a large extended detached house of 140m², built sometime between 1967 and 1975. It was last sold for £420,000 in July 2006, which was around 31% above the average July 2006 detached price in the Cheltenham local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was C.

2 GROVELANDS CLOSE Sold Prices

Land registry data shows three sales for 2 GROVELANDS 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. One of the three 2 GROVELANDS CLOSE sales was for above the average price, whilst two 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
2006 26 JUL	£420,000	£320,172	31% above HPI
2002 4 OCT	£250,000	£254,332	2% below HPI
1995 1 JUN	£92,000	£102,439	10% below HPI

2 GROVELANDS 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 GROVELANDS CLOSE sales between June 1995 and July 2006 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 2002 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the July 2006 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

How Large is 2 GROVELANDS CLOSE?

2 GROVELANDS CLOSE is 140m², which includes one extension, according to the EPC inspection conducted in October 2022. 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 2 GROVELANDS CLOSE lies on this distribution: 61% of detached houses are smaller than 2 GROVELANDS CLOSE, and 38% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

2 GROVELANDS CLOSE: Plot and Title Map

2 GROVELANDS CLOSE sits on a plot of roughly 0.095 of an acre, or 386m². The below map shows the location of 2 GROVELANDS 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 GROVELANDS 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 GROVELANDS CLOSE?

2 GROVELANDS CLOSE is located in CHARLTON KINGS, in the GL53 postcode district. The below map shows the position of No. 2 on GROVELANDS CLOSE.