31, WINCHESTER WAY, CHELTENHAM, GL51 3EZ - £330,000

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

31 WINCHESTER WAY is a very small extended detached house of 67m², built sometime between 1950 and 1966. It was last sold for £330,000 in July 2024, which was around 45% below the average July 2024 detached price in the Cheltenham local authority area. The most recent EPC inspection was December 2023, where the current energy rating was D, and the potential energy rating was B.

31 WINCHESTER WAY Sold Prices

Land registry data shows three sales for 31 WINCHESTER WAY 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. All of the three 31 WINCHESTER WAY 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
2024 1 JUL	£330,000	£600,548	45% below HPI
2002 18 JUL	£157,500	£241,905	35% below HPI
2000 6 OCT	£90,000	£184,703	51% below HPI

31 WINCHESTER WAY 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 31 WINCHESTER WAY sales between October 2000 and July 2024 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 2002 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the July 2024 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 31 WINCHESTER WAY?

31 WINCHESTER WAY is 67m², which includes one extension, according to the EPC inspection conducted in December 2023. This puts it in the smallest 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 31 WINCHESTER WAY lies on this distribution: 4% of detached houses are smaller than 31 WINCHESTER WAY, and 95% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

31 WINCHESTER WAY: Plot and Title Map

31 WINCHESTER WAY sits on a plot of roughly 0.080 of an acre, or 322m². The below map shows the location of 31 WINCHESTER WAY, 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 31 WINCHESTER WAY). 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 31 WINCHESTER WAY?

31 WINCHESTER WAY is located in CHELTENHAM, in the GL51 postcode district. The below map shows the position of No. 31 on WINCHESTER WAY.