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

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

2 LARCH CLOSE is a very small extended detached house of 89m², built sometime between 1967 and 1975. It was last sold for £525,000 in September 2024, which was around 14% 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	£613,426	14% below HPI
2006 20 OCT	£282,000	£334,156	16% below HPI
2003 11 APR	£279,950	£264,908	6% above HPI
2002 19 JUL	£160,000	£241,905	34% 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 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the September 2024 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

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 in Cheltenham, based on EPC data. The below chart shows the distribution of detached houses by size in Cheltenham, and where 2 LARCH CLOSE lies on this distribution: 16% of detached 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.