4, SOUTH BANK, CHELTENHAM, GL51 8DN - £405,000

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 SOUTH BANK is a large detached house of 142m², built sometime between 1996 and 2002, which could now be worth an estimated £507,720. It was last sold for £405,000 in July 2019, which was around 20% below the average July 2019 detached price in the Cheltenham local authority area. The most recent EPC inspection was December 2018, where the current energy rating was D, and the potential energy rating was B.

4 SOUTH BANK Sold Prices

Land registry data shows two sales for 4 SOUTH BANK 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. One of the two 4 SOUTH BANK sales was for below the average price, whilst the other was 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
2019 31 JUL	£405,000	£503,121	20% below HPI
2002 6 SEP	£277,750	£266,557	4% above HPI

4 SOUTH BANK 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 4 SOUTH BANK sales from September 2002 and July 2019 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 September 2002 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the July 2019 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 4 SOUTH BANK be worth now?

4 SOUTH BANK might now be worth an estimated £507,720.

This is based on house price inflation of 25.4%, between July 2019 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 25.4% inflationary increase is applied to the most recent sale price for 4 SOUTH BANK of £405,000 on 31st July 2019. For the value to have increased from £405,000 to £507,720 over the six years and five months to February 2025, the following assumptions must hold true:

• The value of 4 SOUTH BANK has moved in line with the HPI for detached houses in the Cheltenham local authority area.
• The July 2019 sale price of £405,000 represented a fair market value for the property.
• The size, condition, and specification of 4 SOUTH BANK has not materially changed since July 2019.

How Large is 4 SOUTH BANK?

4 SOUTH BANK is 142m² according to the EPC inspection conducted in December 2018. This puts it in the largest 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 4 SOUTH BANK lies on this distribution: 62% of detached houses houses are smaller than 4 SOUTH BANK, and 37% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

4 SOUTH BANK: Plot and Title Map

4 SOUTH BANK sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of 4 SOUTH BANK, 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 SOUTH BANK). 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 SOUTH BANK?

4 SOUTH BANK is located in CHELTENHAM, in the GL51 postcode district. The below map shows the position of No. 4 on SOUTH BANK.