3, CULROSS CLOSE, CHELTENHAM, GL50 4NF - £815,000

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.

3 CULROSS CLOSE is a very large extended detached house of 198m², built sometime between 1967 and 1975, which could now be worth an estimated £992,707. It was last sold for £815,000 in August 2018, which was around 57% above the average August 2018 detached price in the Cheltenham local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was C.

3 CULROSS CLOSE Sold Prices

Land registry data shows two sales for 3 CULROSS 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 3 CULROSS 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
2018 30 AUG	£815,000	£517,820	57% above HPI
2014 3 JUL	£450,000	£394,071	14% above HPI

3 CULROSS 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 3 CULROSS CLOSE sales from July 2014 and August 2018 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 July 2014 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the August 2018 sale, where it rises to 57% above the HPI. The line then continues to track at 57% above the HPI.

What might 3 CULROSS CLOSE be worth now?

3 CULROSS CLOSE might now be worth an estimated £992,707.

This is based on house price inflation of 21.8%, between August 2018 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 21.8% inflationary increase is applied to the most recent sale price for 3 CULROSS CLOSE of £815,000 on 30th August 2018. For the value to have increased from £815,000 to £992,707 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of 3 CULROSS CLOSE has moved in line with the HPI for detached houses in the Cheltenham local authority area.
• The August 2018 sale price of £815,000 represented a fair market value for the property.
• The size, condition, and specification of 3 CULROSS CLOSE has not materially changed since August 2018.

How Large is 3 CULROSS CLOSE?

3 CULROSS CLOSE is 198m², which includes two extensions, according to the EPC inspection conducted in April 2018. This puts it in the largest 20% 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 3 CULROSS CLOSE lies on this distribution: 87% of detached houses houses are smaller than 3 CULROSS CLOSE, and 13% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

3 CULROSS CLOSE: Plot and Title Map

3 CULROSS CLOSE sits on a plot of roughly 0.156 of an acre, or 633m². The below map shows the location of 3 CULROSS 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 3 CULROSS 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 3 CULROSS CLOSE?

3 CULROSS CLOSE is located in CHELTENHAM, in the GL50 postcode district. The below map shows the position of No. 3 on CULROSS CLOSE.