4, MORNINGSIDE CLOSE, PRESTBURY, CHELTENHAM, GL52 3BY - £530,000

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.

4 MORNINGSIDE CLOSE is a large detached house of 167m², built sometime between 1991 and 1995, which could now be worth an estimated £617,550. It was last sold for £530,000 in March 2021, which was around 2% below the average March 2021 detached price in the Cheltenham local authority area. The most recent EPC inspection was June 2013, where the current energy rating was C, and the potential energy rating was B.

4 MORNINGSIDE CLOSE Sold Prices

Land registry data shows five sales for 4 MORNINGSIDE CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Cheltenham local authority area for the corresponding sale date. Most of the five 4 MORNINGSIDE CLOSE 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
2021 17 MAR	£530,000	£541,310	2% below HPI
2017 30 MAY	£497,500	£478,055	4% above HPI
2005 8 DEC	£388,500	£319,611	22% above HPI
2003 7 FEB	£299,995	£269,714	11% above HPI
1997 16 APR	£169,950	£118,046	44% above HPI

4 MORNINGSIDE 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 five 4 MORNINGSIDE CLOSE sales between April 1997 and March 2021 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 May 2017 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the March 2021 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 4 MORNINGSIDE CLOSE be worth now?

4 MORNINGSIDE CLOSE might now be worth an estimated £617,550.

This is based on house price inflation of 16.5%, between March 2021 and February 2025, 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 16.5% inflationary increase is applied to the most recent sale price for 4 MORNINGSIDE CLOSE of £530,000 on 17th March 2021. For the value to have increased from £530,000 to £617,550 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 4 MORNINGSIDE CLOSE has moved in line with the HPI for detached houses in the Cheltenham local authority area.
• The March 2021 sale price of £530,000 represented a fair market value for the property.
• The size, condition, and specification of 4 MORNINGSIDE CLOSE has not materially changed since March 2021.

How Large is 4 MORNINGSIDE CLOSE?

4 MORNINGSIDE CLOSE is 167m² according to the EPC inspection conducted in June 2013. This puts it in the largest 30% of detached houses houses in Prestbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Prestbury, and where 4 MORNINGSIDE CLOSE lies on this distribution: 76% of detached houses houses are smaller than 4 MORNINGSIDE CLOSE, and 24% of houses are larger. Note that EPC data is not available for all properties in Prestbury.

4 MORNINGSIDE CLOSE: Plot and Title Map

4 MORNINGSIDE CLOSE sits on a plot of roughly 0.043 of an acre, or 172m². The below map shows the location of 4 MORNINGSIDE 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 4 MORNINGSIDE 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 4 MORNINGSIDE CLOSE?

4 MORNINGSIDE CLOSE is located in PRESTBURY, in the GL52 postcode district. The below map shows the position of No. 4 on MORNINGSIDE CLOSE.