2, LARCH CLOSE, CHARLTON KINGS, CHELTENHAM, GL53 8PE - £525,000

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.

2 LARCH CLOSE is a very small extended detached house of 89m², built sometime between 1967 and 1975, which could now be worth an estimated £520,083. It was last sold for £525,000 in September 2024, which was around 18% below the average September 2024 detached price in the Cheltenham local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was C.

2 LARCH CLOSE Sold Prices

Land registry data shows four sales for 2 LARCH CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cheltenham local authority area for the corresponding sale date. Most of the four 2 LARCH 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
2024 20 SEP	£525,000	£636,691	18% below HPI
2006 20 OCT	£282,000	£344,852	18% below HPI
2003 11 APR	£279,950	£273,388	2% above HPI
2002 19 JUL	£160,000	£249,648	36% below HPI

2 LARCH 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 four 2 LARCH CLOSE sales between July 2002 and September 2024 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 2006 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the September 2024 sale, which was also at 18% below the HPI.

What might 2 LARCH CLOSE be worth now?

2 LARCH CLOSE might now be worth an estimated £520,083.

This is based on house price deflation of 0.9%, between September 2024 and February 2025, 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 0.9% deflationary decrease is applied to the most recent sale price for 2 LARCH CLOSE of £525,000 on 20th September 2024. For the value to have decreased from £525,000 to £520,083 over the one year and seven months to February 2025, the following assumptions must hold true:

• The value of 2 LARCH CLOSE has moved in line with the HPI for detached houses in the Cheltenham local authority area.
• The September 2024 sale price of £525,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LARCH CLOSE has not materially changed since September 2024.

How Large is 2 LARCH CLOSE?

2 LARCH CLOSE is 89m², which includes one extension, according to the EPC inspection conducted in April 2023. This puts it in the smallest 20% 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 LARCH CLOSE lies on this distribution: 16% of detached houses houses are smaller than 2 LARCH CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

2 LARCH CLOSE: Plot and Title Map

2 LARCH CLOSE sits on a plot of roughly 0.133 of an acre, or 538m². The below map shows the location of 2 LARCH 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 LARCH 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 LARCH CLOSE?

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