47, PILLOWELL CLOSE, CHELTENHAM, GL52 5GJ - £326,000

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.

47 PILLOWELL CLOSE is a small detached house of 111m², built sometime from 2007 onwards, which could now be worth an estimated £375,613. It was last sold for £326,000 in September 2020, which was around 40% below the average September 2020 detached price in the Cheltenham local authority area. The most recent EPC inspection was August 2019, where the current energy rating was C, and the potential energy rating was B.

47 PILLOWELL CLOSE Sold Prices

Land registry data shows two sales for 47 PILLOWELL 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. Both of the two 47 PILLOWELL CLOSE 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
2020 11 SEP	£326,000	£544,998	40% below HPI
2008 20 JUN	£300,000	£340,768	12% below HPI

47 PILLOWELL 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 47 PILLOWELL CLOSE sales from June 2008 and September 2020 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 2008 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the September 2020 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 47 PILLOWELL CLOSE be worth now?

47 PILLOWELL CLOSE might now be worth an estimated £375,613.

This is based on house price inflation of 15.2%, between September 2020 and March 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 15.2% inflationary increase is applied to the most recent sale price for 47 PILLOWELL CLOSE of £326,000 on 11th September 2020. For the value to have increased from £326,000 to £375,613 over the five years and six months to March 2025, the following assumptions must hold true:

• The value of 47 PILLOWELL CLOSE has moved in line with the HPI for detached houses in the Cheltenham local authority area.
• The September 2020 sale price of £326,000 represented a fair market value for the property.
• The size, condition, and specification of 47 PILLOWELL CLOSE has not materially changed since September 2020.

How Large is 47 PILLOWELL CLOSE?

47 PILLOWELL CLOSE is 111m² according to the EPC inspection conducted in August 2019. This puts it in the smallest 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 47 PILLOWELL CLOSE lies on this distribution: 35% of detached houses houses are smaller than 47 PILLOWELL CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

47 PILLOWELL CLOSE: Plot and Title Map

47 PILLOWELL CLOSE sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 47 PILLOWELL 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 47 PILLOWELL 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 47 PILLOWELL CLOSE?

47 PILLOWELL CLOSE is located in CHELTENHAM, in the GL52 postcode district. The below map shows the position of No. 47 on PILLOWELL CLOSE.