8, FURROW CLOSE, CHELTENHAM, GL52 3NB - £575,000

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.

8 FURROW CLOSE is a large detached house of 160m², which could now be worth an estimated £604,150. It was last sold for £575,000 in May 2022, which was around 4% below the average May 2022 detached price in the Cheltenham local authority area. The most recent EPC inspection was September 2017, where the current energy rating was B, and the potential energy rating was A.

8 FURROW CLOSE Sold Prices

Land registry data shows two sales for 8 FURROW CLOSE 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 8 FURROW 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
2022 10 MAY	£575,000	£600,296	4% below HPI
2017 29 SEP	£465,000	£487,028	5% below HPI

8 FURROW 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 8 FURROW CLOSE sales from September 2017 and May 2022 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 September 2017 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the May 2022 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 8 FURROW CLOSE be worth now?

8 FURROW CLOSE might now be worth an estimated £604,150.

This is based on house price inflation of 5.1%, between May 2022 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 5.1% inflationary increase is applied to the most recent sale price for 8 FURROW CLOSE of £575,000 on 10th May 2022. For the value to have increased from £575,000 to £604,150 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of 8 FURROW CLOSE has moved in line with the HPI for detached houses in the Cheltenham local authority area.
• The May 2022 sale price of £575,000 represented a fair market value for the property.
• The size, condition, and specification of 8 FURROW CLOSE has not materially changed since May 2022.

How Large is 8 FURROW CLOSE?

8 FURROW CLOSE is 160m² according to the EPC inspection conducted in September 2017. This puts it in the largest 30% 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 8 FURROW CLOSE lies on this distribution: 72% of detached houses houses are smaller than 8 FURROW CLOSE, and 27% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

8 FURROW CLOSE: Plot and Title Map

8 FURROW CLOSE sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 8 FURROW 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 FURROW 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.

Where is 8 FURROW CLOSE?

8 FURROW CLOSE is located in CHELTENHAM, in the GL52 postcode district. The below map shows the position of No. 8 on FURROW CLOSE.