4, VERNEY CLOSE, CHELTENHAM, GL53 7DD - £602,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

4 VERNEY CLOSE is a midsized extended detached house of 125m², built sometime between 1967 and 1975. It was last sold for £602,500 in August 2016, which was around 33% above the average August 2016 detached price in the Cheltenham local authority area. The most recent EPC inspection was February 2010, where the current energy rating was E, and the potential energy rating was D.

4 VERNEY CLOSE Sold Prices

Land registry data shows two sales for 4 VERNEY CLOSE 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 VERNEY CLOSE sales was for above the average price, whilst the other was 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
2016 1 AUG	£602,500	£453,466	33% above HPI
2010 21 JUN	£341,500	£350,354	3% below HPI

4 VERNEY 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 two 4 VERNEY CLOSE sales from June 2010 and August 2016 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 June 2010 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the August 2016 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might 4 VERNEY CLOSE be worth now?

4 VERNEY CLOSE might now be worth an estimated £835,571.

This is based on house price inflation of 38.7%, between August 2016 and December 2024, 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 38.7% inflationary increase is applied to the most recent sale price for 4 VERNEY CLOSE of £602,500 on 1st August 2016. For the value to have increased from £602,500 to £835,571 over the seven years and eight months to December 2024, the following assumptions must hold true:

• The value of 4 VERNEY CLOSE has moved in line with the HPI for detached houses in the Cheltenham local authority area.
• The August 2016 sale price of £602,500 represented a fair market value for the property.
• The size, condition, and specification of 4 VERNEY CLOSE has not materially changed since August 2016.

How Large is 4 VERNEY CLOSE?

4 VERNEY CLOSE is 125m², which includes two extensions, according to the EPC inspection conducted in February 2010. This puts it in the smallest 50% 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 VERNEY CLOSE lies on this distribution: 49% of detached houses houses are smaller than 4 VERNEY CLOSE, and 51% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

4 VERNEY CLOSE: Plot and Title Map

4 VERNEY CLOSE sits on a plot of roughly 0.123 of an acre, or 496m². The below map shows the location of 4 VERNEY 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 VERNEY 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 VERNEY CLOSE?

4 VERNEY CLOSE is located in CHELTENHAM, in the GL53 postcode district. The below map shows the position of No. 4 on VERNEY CLOSE.