3, CHESTNUT PLACE, CHELTENHAM, GL53 0QE - £680,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 CHESTNUT PLACE is a midsized extended detached house of 130m², built sometime between 1996 and 2002. It was last sold for £680,000 in January 2023, which was around 11% above the average January 2023 detached price in the Cheltenham local authority area. The most recent EPC inspection was July 2014, where the current energy rating was C, and the potential energy rating was B.

3 CHESTNUT PLACE Sold Prices

Land registry data shows three sales for 3 CHESTNUT PLACE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cheltenham local authority area for the corresponding sale date. All of the three 3 CHESTNUT PLACE 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
2023 5 JAN	£680,000	£615,187	11% above HPI
2015 19 FEB	£430,000	£391,280	10% above HPI
2004 9 JUL	£315,000	£289,478	9% above HPI

3 CHESTNUT PLACE 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 three 3 CHESTNUT PLACE sales between July 2004 and January 2023 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 2015 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the January 2023 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 3 CHESTNUT PLACE?

3 CHESTNUT PLACE is 130m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the largest 50% of detached houses in Cheltenham, based on EPC data. The below chart shows the distribution of detached houses by size in Cheltenham, and where 3 CHESTNUT PLACE lies on this distribution: 53% of detached houses are smaller than 3 CHESTNUT PLACE, and 46% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

3 CHESTNUT PLACE: Plot and Title Map

3 CHESTNUT PLACE sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 3 CHESTNUT PLACE, 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 3 CHESTNUT PLACE). 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 3 CHESTNUT PLACE?

3 CHESTNUT PLACE is located in CHELTENHAM, in the GL53 postcode district. The below map shows the position of No. 3 on CHESTNUT PLACE.