2, RIVERSIDE CLOSE, CHELTENHAM, GL52 6NW - £482,500

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 RIVERSIDE CLOSE is a midsized detached house of 125m², built sometime between 1967 and 1975, which could now be worth an estimated £636,593. It was last sold for £482,500 in May 2017, which was around 1% above the average May 2017 detached price in the Cheltenham local authority area. The most recent EPC inspection was October 2010, where the current energy rating was C, and the potential energy rating was C.

2 RIVERSIDE CLOSE Sold Prices

Land registry data shows two sales for 2 RIVERSIDE 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. Both of the two 2 RIVERSIDE CLOSE sales were for above 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
2017 19 MAY	£482,500	£478,055	1% above HPI
2011 28 FEB	£365,000	£344,266	6% above HPI

2 RIVERSIDE 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 RIVERSIDE CLOSE sales from February 2011 and May 2017 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 February 2011 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the May 2017 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 2 RIVERSIDE CLOSE be worth now?

2 RIVERSIDE CLOSE might now be worth an estimated £636,593.

This is based on house price inflation of 31.9%, between May 2017 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 31.9% inflationary increase is applied to the most recent sale price for 2 RIVERSIDE CLOSE of £482,500 on 19th May 2017. For the value to have increased from £482,500 to £636,593 over the eight years and three months to February 2025, the following assumptions must hold true:

• The value of 2 RIVERSIDE CLOSE has moved in line with the HPI for detached houses in the Cheltenham local authority area.
• The May 2017 sale price of £482,500 represented a fair market value for the property.
• The size, condition, and specification of 2 RIVERSIDE CLOSE has not materially changed since May 2017.

How Large is 2 RIVERSIDE CLOSE?

2 RIVERSIDE CLOSE is 125m² according to the EPC inspection conducted in October 2010. This puts it in the smallest 50% 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 RIVERSIDE CLOSE lies on this distribution: 50% of detached houses houses are smaller than 2 RIVERSIDE CLOSE, and 50% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

2 RIVERSIDE CLOSE: Plot and Title Map

2 RIVERSIDE CLOSE sits on a plot of roughly 0.120 of an acre, or 484m². The below map shows the location of 2 RIVERSIDE 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 RIVERSIDE 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 RIVERSIDE CLOSE?

2 RIVERSIDE CLOSE is located in CHELTENHAM, in the GL52 postcode district. The below map shows the position of No. 2 on RIVERSIDE CLOSE.