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 GREENHILLS CLOSE is a midsized extended detached house of 138m², built sometime between 1976 and 1982. It was last sold for £700,000 in November 2018, which was around 39% above the average November 2018 detached price in the Cheltenham local authority area. The most recent EPC inspection was April 2016, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 8 GREENHILLS 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 GREENHILLS CLOSE 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 |
---|---|---|---|
2018 16 NOV | £700,000 | £504,786 | 39% above HPI |
2011 1 MAR | £475,000 | £335,551 | 42% above 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 GREENHILLS CLOSE sales from March 2011 and November 2018 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 2011 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the November 2018 sale, where it falls to 39% above the HPI. The line then continues to track at 39% above the HPI.
8 GREENHILLS CLOSE is 138m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the largest 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 GREENHILLS CLOSE lies on this distribution: 60% of detached houses are smaller than 8 GREENHILLS CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.
8 GREENHILLS CLOSE sits on a plot of roughly 0.274 of an acre, or 1,111m². The below map shows the location of 8 GREENHILLS 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 GREENHILLS 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 GREENHILLS CLOSE is located in CHELTENHAM, in the GL53 postcode district. The below map shows the position of No. 8 on GREENHILLS CLOSE.