6, GRIMWADE CLOSE, CHELTENHAM, GL51 7EW - £244,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

6 GRIMWADE CLOSE is a very small detached house of 58m², built sometime between 1967 and 1975. It was last sold for £244,000 in December 2016, which was around 45% below the average December 2016 detached price in the Cheltenham local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was D.

6 GRIMWADE CLOSE Sold Prices

Land registry data shows five sales for 6 GRIMWADE 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. All of the five 6 GRIMWADE 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
2016 9 DEC	£244,000	£441,114	45% below HPI
2007 21 NOV	£180,000	£359,168	50% below HPI
2006 29 SEP	£215,000	£335,379	36% below HPI
2005 14 JUN	£195,000	£305,366	36% below HPI
2002 18 OCT	£129,950	£254,332	49% below HPI

6 GRIMWADE 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 6 GRIMWADE CLOSE sales between October 2002 and December 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 November 2007 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the December 2016 sale, where it rises to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 6 GRIMWADE CLOSE?

6 GRIMWADE CLOSE is 58m² according to the EPC inspection conducted in April 2010. This puts it in the smallest 10% of detached houses in Cheltenham, based on EPC data. The below chart shows the distribution of detached houses by size in Cheltenham, and where 6 GRIMWADE CLOSE lies on this distribution: 2% of detached houses are smaller than 6 GRIMWADE CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

6 GRIMWADE CLOSE: Plot and Title Map

6 GRIMWADE CLOSE sits on a plot of roughly 0.065 of an acre, or 261m². The below map shows the location of 6 GRIMWADE 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 6 GRIMWADE 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 6 GRIMWADE CLOSE?

6 GRIMWADE CLOSE is located in CHELTENHAM, in the GL51 postcode district. The below map shows the position of No. 6 on GRIMWADE CLOSE.