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

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

23 CHERITON CLOSE is a very small detached house of 71m², built sometime between 1976 and 1982. It was last sold for £400,000 in October 2022, which was around 37% 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	£630,783	37% below HPI
2006 26 MAY	£192,500	£319,605	40% 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 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the October 2022 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

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 in Cheltenham, based on EPC data. The below chart shows the distribution of detached houses by size in Cheltenham, and where 23 CHERITON CLOSE lies on this distribution: 6% of detached 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.