7, GALA CLOSE, CHELTENHAM, GL50 4DR - £320,000

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

7 GALA CLOSE is a very small detached house of 86m². It was last sold for £320,000 in December 2020, which was around 41% below the average December 2020 detached price in the Cheltenham local authority area. The most recent EPC inspection was July 2020, where the current energy rating was B, and the potential energy rating was A.

7 GALA CLOSE Sold Prices

Land registry data shows two sales for 7 GALA CLOSE since 1st 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 GALA CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

DatePriceHPI PriceVariation from HPI
2020
10 DEC
£320,000£544,123
down arrow
41% below HPI
2015
26 AUG
£249,995£417,551
down arrow
40% below HPI

7 GALA 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 7 GALA CLOSE sales from August 2015 and December 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 August 2015 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the December 2020 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

7, GALA CLOSE, CHELTENHAM, GL50 4DR: Price paid vs HM Land Registry's House Price Index

How Large is 7 GALA CLOSE?

7 GALA CLOSE is 86m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 20% 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 GALA CLOSE lies on this distribution: 14% of detached houses are smaller than 7 GALA CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

7, GALA CLOSE, CHELTENHAM, GL50 4DR: Size of property relative to detached houses in Cheltenham

7 GALA CLOSE: Plot and Title Map

7 GALA CLOSE sits on a plot of roughly 0.817 of an acre, or 3,307m². The below map shows the location of 7 GALA 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 7 GALA 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.

7, GALA CLOSE, CHELTENHAM, GL50 4DR: Plot and title map

Where is 7 GALA CLOSE?

7 GALA CLOSE is located in CHELTENHAM, in the GL50 postcode district. The below map shows the position of No. 7 on GALA CLOSE.

7, GALA CLOSE, CHELTENHAM, GL50 4DR: Location map and indicative extent of plot

All sales of detached houses on GALA CLOSE

7, GALA CLOSE, CHELTENHAM, GL50 4DR
2020
10 DEC
£320,000
7, GALA CLOSE, CHELTENHAM, GL50 4DR
2015
26 AUG
£249,995
Source: HM Land Registry Price Paid Data
Licence: Contains HM Land Registry data © Crown copyright and database right 2024. This data is licensed under the Open Government Licence v3.0.
Source: HM Land Registry UK House Price Index
Licence: Contains HM Land Registry data © Crown copyright and database right 2024. This data is licensed under the Open Government Licence v3.0.
Copyright statement: This information is subject to Crown copyright and database rights 2024 and is reproduced with the permission of HM Land Registry. The polygons (including the associated geometry, namely x, y co-ordinates) are subject to Crown copyright and database rights 2024 Ordnance Survey 100026316. Conditions of use.