Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
3 SUMMERFIELD CLOSE is a small detached house of 102m², built sometime between 1900 and 1929. It was last sold for £345,000 in June 2020, which was around 30% below the average June 2020 detached price in the Cheltenham local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 3 SUMMERFIELD CLOSE since 1st 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 SUMMERFIELD 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 |
---|---|---|---|
2020 19 JUN | £345,000 | £493,353 | 30% below HPI |
2013 6 DEC | £270,000 | £359,741 | 25% below HPI |
2001 20 JUL | £160,000 | £206,251 | 22% below HPI |
The below graph shows the average detached house price in the Cheltenham local authority area over time, sourced from the HPI. The three 3 SUMMERFIELD CLOSE sales between July 2001 and June 2020 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 December 2013 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the June 2020 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.
3 SUMMERFIELD CLOSE is 102m² according to the EPC inspection conducted in January 2020. This puts it in the smallest 30% 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 SUMMERFIELD CLOSE lies on this distribution: 26% of detached houses are smaller than 3 SUMMERFIELD CLOSE, and 73% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.
3 SUMMERFIELD CLOSE sits on a plot of roughly 0.174 of an acre, or 706m². The below map shows the location of 3 SUMMERFIELD 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 SUMMERFIELD 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.
3 SUMMERFIELD CLOSE is located in CHELTENHAM, in the GL51 postcode district. The below map shows the position of No. 3 on SUMMERFIELD CLOSE.