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 KERSTIN CLOSE is a small extended detached house of 103m², built sometime between 1967 and 1975. It was last sold for £350,000 in December 2023, which was around 42% below the average December 2023 detached price in the Cheltenham local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows five sales for 7 KERSTIN CLOSE since 1st 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 7 KERSTIN 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 |
---|---|---|---|
2023 13 DEC | £350,000 | £602,898 | 42% below HPI |
2019 9 OCT | £225,000 | £485,343 | 54% below HPI |
2015 9 DEC | £225,000 | £415,146 | 46% below HPI |
2007 26 JUL | £190,000 | £342,001 | 44% below HPI |
2003 1 SEP | £152,000 | £266,023 | 43% below HPI |
The below graph shows the average detached house price in the Cheltenham local authority area over time, sourced from the HPI. The five 7 KERSTIN CLOSE sales between September 2003 and December 2023 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 October 2019 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the December 2023 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.
7 KERSTIN CLOSE is 103m², which includes two extensions, according to the EPC inspection conducted in May 2023. This puts it in the smallest 30% 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 KERSTIN CLOSE lies on this distribution: 27% of detached houses are smaller than 7 KERSTIN CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.
7 KERSTIN CLOSE sits on a plot of roughly 0.043 of an acre, or 176m². The below map shows the location of 7 KERSTIN 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 KERSTIN 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 KERSTIN CLOSE is located in CHELTENHAM, in the GL50 postcode district. The below map shows the position of No. 7 on KERSTIN CLOSE.