8, GROVELANDS CLOSE, CHARLTON KINGS, CHELTENHAM, GL53 8BS - £509,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

8 GROVELANDS CLOSE is a midsized extended detached house of 132m², built sometime between 1950 and 1966. It was last sold for £509,000 in July 2016, which was around 17% above the average July 2016 detached price in the Cheltenham local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was C.

8 GROVELANDS CLOSE Sold Prices

Land registry data shows two sales for 8 GROVELANDS 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. One of the two 8 GROVELANDS CLOSE sales was for above the average price, whilst the other was 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
2016 1 JUL	£509,000	£435,601	17% above HPI
1998 31 JUL	£120,000	£135,771	12% below HPI

8 GROVELANDS 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 GROVELANDS CLOSE sales from July 1998 and July 2016 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 July 1998 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the July 2016 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 8 GROVELANDS CLOSE?

8 GROVELANDS CLOSE is 132m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the largest 50% 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 GROVELANDS CLOSE lies on this distribution: 55% of detached houses are smaller than 8 GROVELANDS CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

8 GROVELANDS CLOSE: Plot and Title Map

8 GROVELANDS CLOSE sits on a plot of roughly 0.163 of an acre, or 658m². The below map shows the location of 8 GROVELANDS 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 GROVELANDS 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 GROVELANDS CLOSE?

8 GROVELANDS CLOSE is located in CHARLTON KINGS, in the GL53 postcode district. The below map shows the position of No. 8 on GROVELANDS CLOSE.