3, RIVERSIDE CLOSE, CHELTENHAM, GL52 6NW - £460,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 RIVERSIDE CLOSE is a small detached house of 112m², built sometime between 1983 and 1990. It was last sold for £460,000 in April 2006, which was around 39% above the average April 2006 detached price in the Cheltenham local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was B.

3 RIVERSIDE CLOSE Sold Prices

Land registry data shows three sales for 3 RIVERSIDE CLOSE 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. Two of the three 3 RIVERSIDE CLOSE sales were for above the average price, whilst one was 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
2006 10 APR	£460,000	£330,087	39% above HPI
2004 16 JUL	£400,000	£298,744	34% above HPI
1998 27 MAY	£125,000	£132,484	6% below HPI

3 RIVERSIDE 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 three 3 RIVERSIDE CLOSE sales between May 1998 and April 2006 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 2004 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the April 2006 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

What might 3 RIVERSIDE CLOSE be worth now?

3 RIVERSIDE CLOSE might now be worth an estimated £876,397.

This is based on house price inflation of 90.5%, between April 2006 and December 2024, 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 90.5% inflationary increase is applied to the most recent sale price for 3 RIVERSIDE CLOSE of £460,000 on 10th April 2006. For the value to have increased from £460,000 to £876,397 over the seventeen years and four months to December 2024, the following assumptions must hold true:

• The value of 3 RIVERSIDE CLOSE has moved in line with the HPI for detached houses in the Cheltenham local authority area.
• The April 2006 sale price of £460,000 represented a fair market value for the property.
• The size, condition, and specification of 3 RIVERSIDE CLOSE has not materially changed since April 2006.

How Large is 3 RIVERSIDE CLOSE?

3 RIVERSIDE CLOSE is 112m² according to the EPC inspection conducted in July 2023. This puts it in the smallest 40% 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 RIVERSIDE CLOSE lies on this distribution: 36% of detached houses houses are smaller than 3 RIVERSIDE CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

3 RIVERSIDE CLOSE: Plot and Title Map

3 RIVERSIDE CLOSE sits on a plot of roughly 0.191 of an acre, or 772m². The below map shows the location of 3 RIVERSIDE 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 RIVERSIDE 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 RIVERSIDE CLOSE?

3 RIVERSIDE CLOSE is located in CHELTENHAM, in the GL52 postcode district. The below map shows the position of No. 3 on RIVERSIDE CLOSE.