3, HERCULES CLOSE, UPPER RISSINGTON, CHELTENHAM, GL54 2QL - £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.

3 HERCULES CLOSE is a small detached house of 111m², which could now be worth an estimated £502,045. It was last sold for £400,000 in December 2018, which was around 28% below the average December 2018 detached price in the Cotswold local authority area. The most recent EPC inspection was June 2015, where the current energy rating was B, and the potential energy rating was A.

3 HERCULES CLOSE Sold Prices

Land registry data shows two sales for 3 HERCULES 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 Cotswold local authority area for the corresponding sale date. Both of the two 3 HERCULES 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
2018 10 DEC	£400,000	£552,626	28% below HPI
2015 1 JUL	£335,000	£455,179	26% below HPI

3 HERCULES CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cotswold local authority area over time, sourced from the HPI. The two 3 HERCULES CLOSE sales from July 2015 and December 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 2015 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the December 2018 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 3 HERCULES CLOSE be worth now?

3 HERCULES CLOSE might now be worth an estimated £502,045.

This is based on house price inflation of 25.5%, between December 2018 and February 2025, for detached houses, in the Cotswold local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 25.5% inflationary increase is applied to the most recent sale price for 3 HERCULES CLOSE of £400,000 on 10th December 2018. For the value to have increased from £400,000 to £502,045 over the seven years and ten months to February 2025, the following assumptions must hold true:

• The value of 3 HERCULES CLOSE has moved in line with the HPI for detached houses in the Cotswold local authority area.
• The December 2018 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 3 HERCULES CLOSE has not materially changed since December 2018.

How Large is 3 HERCULES CLOSE?

3 HERCULES CLOSE is 111m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 30% of detached houses houses in Upper Rissington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Upper Rissington, and where 3 HERCULES CLOSE lies on this distribution: 24% of detached houses houses are smaller than 3 HERCULES CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Upper Rissington.

3 HERCULES CLOSE: Plot and Title Map

3 HERCULES CLOSE sits on a plot of roughly 0.113 of an acre, or 456m². The below map shows the location of 3 HERCULES 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 HERCULES 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 HERCULES CLOSE?

3 HERCULES CLOSE is located in UPPER RISSINGTON, in the GL54 postcode district. The below map shows the position of No. 3 on HERCULES CLOSE.