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

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

7 CHESTNUT PLACE is a midsized extended detached house of 117m², built sometime between 1983 and 1990. It was last sold for £615,000 in January 2021, which was around 13% 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	£546,207	13% above HPI
1998 20 MAR	£147,000	£123,199	19% 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 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the January 2021 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

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 in Cheltenham, based on EPC data. The below chart shows the distribution of detached houses by size in Cheltenham, and where 7 CHESTNUT PLACE lies on this distribution: 42% of detached 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.