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
8 FERNDALES CLOSE is a small detached house of 107m², built sometime between 1983 and 1990. It was last sold for £440,000 in August 2019, which was around 10% below the average August 2019 detached price in the Cheltenham local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 8 FERNDALES 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 8 FERNDALES 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 |
---|---|---|---|
2019 13 AUG | £440,000 | £490,087 | 10% below HPI |
2017 30 OCT | £385,000 | £481,658 | 20% below HPI |
The below graph shows the average detached house price in the Cheltenham local authority area over time, sourced from the HPI. The two 8 FERNDALES CLOSE sales from October 2017 and August 2019 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 2017 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the August 2019 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.
8 FERNDALES CLOSE is 107m² according to the EPC inspection conducted in September 2017. This puts it in the smallest 40% of detached houses in Cheltenham, based on EPC data. The below chart shows the distribution of detached houses by size in Cheltenham, and where 8 FERNDALES CLOSE lies on this distribution: 31% of detached houses are smaller than 8 FERNDALES CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.
8 FERNDALES CLOSE sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 8 FERNDALES 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 8 FERNDALES 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.
8 FERNDALES CLOSE is located in UP HATHERLEY, in the GL51 postcode district. The below map shows the position of No. 8 on FERNDALES CLOSE.