3, WELL PLACE, CHELTENHAM, GL50 2PH - £1,560,000

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 WELL PLACE is a very large detached house of 332m². It was last sold for £1,560,000 in March 2018, which was around 236% above the average March 2018 detached price in the Cheltenham local authority area. The most recent EPC inspection was February 2013, where the current energy rating was B, and the potential energy rating was B.

3 WELL PLACE Sold Prices

Land registry data shows two sales for 3 WELL PLACE 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 WELL 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
2018 23 MAR	£1,560,000	£463,973	236% above HPI
2011 24 OCT	£1,050,000	£345,675	204% above HPI

3 WELL 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 two 3 WELL PLACE sales from October 2011 and March 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 October 2011 sale was for 204% above the HPI. So the extrapolation line tracks at 204% above the HPI over time, until the March 2018 sale, where it rises to 236% above the HPI. The line then continues to track at 236% above the HPI.

How Large is 3 WELL PLACE?

3 WELL PLACE is 332m² according to the EPC inspection conducted in February 2013. This puts it in the largest 10% 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 WELL PLACE lies on this distribution: 98% of detached houses are smaller than 3 WELL PLACE, and 2% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

3 WELL PLACE: Plot and Title Map

3 WELL PLACE sits on a plot of roughly 0.158 of an acre, or 639m². The below map shows the location of 3 WELL 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 WELL 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 WELL PLACE?

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