7, CHESTNUT PLACE, CHELTENHAM, GL53 0QE - £615,000

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.

7 CHESTNUT PLACE is a midsized extended detached house of 117m², built sometime between 1983 and 1990, which could now be worth an estimated £688,139. It was last sold for £615,000 in January 2021, which was around 9% above the average January 2021 detached price in the Cheltenham local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was B.

7 CHESTNUT PLACE Sold Prices

Land registry data shows two sales for 7 CHESTNUT PLACE 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 7 CHESTNUT PLACE sales were 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 12 JAN	£615,000	£563,691	9% above HPI
1998 20 MAR	£147,000	£127,143	16% above HPI

7 CHESTNUT PLACE 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 7 CHESTNUT PLACE sales from March 1998 and January 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 1998 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the January 2021 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 7 CHESTNUT PLACE be worth now?

7 CHESTNUT PLACE might now be worth an estimated £688,139.

This is based on house price inflation of 11.9%, between January 2021 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 11.9% inflationary increase is applied to the most recent sale price for 7 CHESTNUT PLACE of £615,000 on 12th January 2021. For the value to have increased from £615,000 to £688,139 over the three years and eleven months to February 2025, the following assumptions must hold true:

• The value of 7 CHESTNUT PLACE has moved in line with the HPI for detached houses in the Cheltenham local authority area.
• The January 2021 sale price of £615,000 represented a fair market value for the property.
• The size, condition, and specification of 7 CHESTNUT PLACE has not materially changed since January 2021.

How Large is 7 CHESTNUT PLACE?

7 CHESTNUT PLACE is 117m², which includes one extension, according to the EPC inspection conducted in July 2023. 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 7 CHESTNUT PLACE lies on this distribution: 42% of detached houses houses are smaller than 7 CHESTNUT PLACE, and 58% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

7 CHESTNUT PLACE: Plot and Title Map

7 CHESTNUT PLACE sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of 7 CHESTNUT PLACE, 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 7 CHESTNUT PLACE). 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 7 CHESTNUT PLACE?

7 CHESTNUT PLACE is located in CHELTENHAM, in the GL53 postcode district. The below map shows the position of No. 7 on CHESTNUT PLACE.