5, GRANLEY CLOSE, CHELTENHAM, GL51 7AU - £425,000

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

5 GRANLEY CLOSE is a large extended detached house of 141m², built sometime between 2003 and 2006. It was last sold for £425,000 in February 2021, which was around 20% below the average February 2021 detached price in the Cheltenham local authority area. The most recent EPC inspection was April 2012, where the current energy rating was C, and the potential energy rating was C.

5 GRANLEY CLOSE Sold Prices

Land registry data shows three sales for 5 GRANLEY CLOSE 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. Two of the three 5 GRANLEY CLOSE sales were for below the average price, whilst one 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
2021 26 FEB	£425,000	£532,981	20% below HPI
2006 3 MAR	£310,000	£322,587	4% below HPI
2004 13 JAN	£285,000	£273,507	4% above HPI

5 GRANLEY 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 three 5 GRANLEY CLOSE sales between January 2004 and February 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 March 2006 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the February 2021 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 5 GRANLEY CLOSE?

5 GRANLEY CLOSE is 141m², which includes one extension, according to the EPC inspection conducted in April 2012. This puts it in the largest 40% of detached houses in Cheltenham, based on EPC data. The below chart shows the distribution of detached houses by size in Cheltenham, and where 5 GRANLEY CLOSE lies on this distribution: 62% of detached houses are smaller than 5 GRANLEY CLOSE, and 38% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

5 GRANLEY CLOSE: Plot and Title Map

5 GRANLEY CLOSE sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of 5 GRANLEY 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 5 GRANLEY 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 5 GRANLEY CLOSE?

5 GRANLEY CLOSE is located in CHELTENHAM, in the GL51 postcode district. The below map shows the position of No. 5 on GRANLEY CLOSE.