8, VINEYARDS CLOSE, CHARLTON KINGS, CHELTENHAM, GL53 8NH - £330,000

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 VINEYARDS CLOSE is a very small detached house of 59m², built sometime between 1950 and 1966, which could now be worth an estimated £428,375. It was last sold for £330,000 in July 2017, which was around 32% below the average July 2017 detached price in the Cheltenham local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

8 VINEYARDS CLOSE Sold Prices

Land registry data shows four sales for 8 VINEYARDS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cheltenham local authority area for the corresponding sale date. All of the four 8 VINEYARDS 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
2017 26 JUL	£330,000	£485,883	32% below HPI
2009 13 AUG	£186,000	£324,947	43% below HPI
2004 6 AUG	£199,950	£311,674	36% below HPI
2003 19 FEB	£160,000	£269,714	41% below HPI

8 VINEYARDS 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 four 8 VINEYARDS CLOSE sales between February 2003 and July 2017 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 August 2009 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the July 2017 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 8 VINEYARDS CLOSE be worth now?

8 VINEYARDS CLOSE might now be worth an estimated £428,375.

This is based on house price inflation of 29.8%, between July 2017 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 29.8% inflationary increase is applied to the most recent sale price for 8 VINEYARDS CLOSE of £330,000 on 26th July 2017. For the value to have increased from £330,000 to £428,375 over the eight years and five months to February 2025, the following assumptions must hold true:

• The value of 8 VINEYARDS CLOSE has moved in line with the HPI for detached houses in the Cheltenham local authority area.
• The July 2017 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 8 VINEYARDS CLOSE has not materially changed since July 2017.

How Large is 8 VINEYARDS CLOSE?

8 VINEYARDS CLOSE is 59m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 10% 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 VINEYARDS CLOSE lies on this distribution: 2% of detached houses houses are smaller than 8 VINEYARDS CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

8 VINEYARDS CLOSE: Plot and Title Map

8 VINEYARDS CLOSE sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 8 VINEYARDS 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 VINEYARDS 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 VINEYARDS CLOSE?

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