23, CHERITON CLOSE, UP HATHERLEY, CHELTENHAM, GL51 3NR - £400,000

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.

23 CHERITON CLOSE is a very small detached house of 71m², built sometime between 1976 and 1982, which could now be worth an estimated £387,560. It was last sold for £400,000 in October 2022, which was around 39% below the average October 2022 detached price in the Cheltenham local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.

23 CHERITON CLOSE Sold Prices

Land registry data shows two sales for 23 CHERITON 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 23 CHERITON 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
2022 21 OCT	£400,000	£650,974	39% below HPI
2006 26 MAY	£192,500	£329,836	42% below HPI

23 CHERITON 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 23 CHERITON CLOSE sales from May 2006 and October 2022 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 May 2006 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the October 2022 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 23 CHERITON CLOSE be worth now?

23 CHERITON CLOSE might now be worth an estimated £387,560.

This is based on house price deflation of 3.1%, between October 2022 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 3.1% deflationary decrease is applied to the most recent sale price for 23 CHERITON CLOSE of £400,000 on 21st October 2022. For the value to have decreased from £400,000 to £387,560 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 23 CHERITON CLOSE has moved in line with the HPI for detached houses in the Cheltenham local authority area.
• The October 2022 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 23 CHERITON CLOSE has not materially changed since October 2022.

How Large is 23 CHERITON CLOSE?

23 CHERITON CLOSE is 71m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 10% 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 23 CHERITON CLOSE lies on this distribution: 6% of detached houses houses are smaller than 23 CHERITON CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

23 CHERITON CLOSE: Plot and Title Map

23 CHERITON CLOSE sits on a plot of roughly 0.085 of an acre, or 344m². The below map shows the location of 23 CHERITON 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 23 CHERITON 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 23 CHERITON CLOSE?

23 CHERITON CLOSE is located in UP HATHERLEY, in the GL51 postcode district. The below map shows the position of No. 23 on CHERITON CLOSE.