28, WELLS CLOSE, CHELTENHAM, GL51 3BX - £258,000

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

28 WELLS CLOSE is a very small semi-detached house of 55m², built sometime between 1967 and 1975. It was last sold for £258,000 in May 2019, which was around 47% below the average May 2019 detached price in the Cheltenham local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was B.

28 WELLS CLOSE Sold Prices

Land registry data shows four sales for 28 WELLS 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. All of the four 28 WELLS 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
2019 3 MAY	£258,000	£484,352	47% below HPI
2013 29 OCT	£210,000	£363,951	42% below HPI
2011 20 DEC	£180,000	£342,343	47% below HPI
1995 20 JAN	£59,995	£100,716	40% below HPI

28 WELLS 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 28 WELLS CLOSE sales between January 1995 and May 2019 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 2013 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the May 2019 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 28 WELLS CLOSE?

28 WELLS CLOSE is 55m² according to the EPC inspection conducted in March 2024. 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 28 WELLS CLOSE lies on this distribution: 1% of detached houses are smaller than 28 WELLS CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

28 WELLS CLOSE: Plot and Title Map

28 WELLS CLOSE sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 28 WELLS 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 28 WELLS 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 28 WELLS CLOSE?

28 WELLS CLOSE is located in CHELTENHAM, in the GL51 postcode district. The below map shows the position of No. 28 on WELLS CLOSE.