2, NOURSE CLOSE, CHELTENHAM, GL53 0NQ - £365,000

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 NOURSE CLOSE is a small extended detached house of 110m², built sometime between 1983 and 1990. It was last sold for £365,000 in July 2013, which was around 4% above the average July 2013 detached price in the Cheltenham local authority area. The most recent EPC inspection was July 2024, where the current energy rating was B, and the potential energy rating was A.

2 NOURSE CLOSE Sold Prices

Land registry data shows two sales for 2 NOURSE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cheltenham local authority area for the corresponding sale date. One of the two 2 NOURSE CLOSE sales was for above the average price, whilst the other was 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 9 JUL	£365,000	£350,397	4% above HPI
1998 23 OCT	£133,000	£137,409	3% below HPI

2 NOURSE 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 two 2 NOURSE CLOSE sales from October 1998 and July 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 October 1998 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the July 2013 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 2 NOURSE CLOSE?

2 NOURSE CLOSE is 110m², which includes one extension, according to the EPC inspection conducted in July 2024. This puts it in the smallest 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 NOURSE CLOSE lies on this distribution: 34% of detached houses are smaller than 2 NOURSE CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

2 NOURSE CLOSE: Plot and Title Map

2 NOURSE CLOSE sits on a plot of roughly 0.100 of an acre, or 405m². The below map shows the location of 2 NOURSE 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 NOURSE 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 NOURSE CLOSE?

2 NOURSE CLOSE is located in CHELTENHAM, in the GL53 postcode district. The below map shows the position of No. 2 on NOURSE CLOSE.