9, ST DAVIDS CLOSE, CHELTENHAM, GL51 3HL - £388,000

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.

9 ST DAVIDS CLOSE is a very small extended detached house of 75m², built sometime between 1950 and 1966, which could now be worth an estimated £445,073. It was last sold for £388,000 in June 2021, which was around 29% below the average June 2021 detached price in the Cheltenham local authority area. The most recent EPC inspection was December 2020, where the current energy rating was C, and the potential energy rating was B.

9 ST DAVIDS CLOSE Sold Prices

Land registry data shows two sales for 9 ST DAVIDS 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 9 ST DAVIDS 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
2021 16 JUN	£388,000	£549,848	29% below HPI
2020 12 JUN	£225,000	£509,145	56% below HPI

9 ST DAVIDS 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 9 ST DAVIDS CLOSE sales from June 2020 and June 2021 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 June 2020 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the June 2021 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 9 ST DAVIDS CLOSE be worth now?

9 ST DAVIDS CLOSE might now be worth an estimated £445,073.

This is based on house price inflation of 14.7%, between June 2021 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 14.7% inflationary increase is applied to the most recent sale price for 9 ST DAVIDS CLOSE of £388,000 on 16th June 2021. For the value to have increased from £388,000 to £445,073 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 9 ST DAVIDS CLOSE has moved in line with the HPI for detached houses in the Cheltenham local authority area.
• The June 2021 sale price of £388,000 represented a fair market value for the property.
• The size, condition, and specification of 9 ST DAVIDS CLOSE has not materially changed since June 2021.

How Large is 9 ST DAVIDS CLOSE?

9 ST DAVIDS CLOSE is 75m², which includes one extension, according to the EPC inspection conducted in December 2020. 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 9 ST DAVIDS CLOSE lies on this distribution: 8% of detached houses houses are smaller than 9 ST DAVIDS CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

9 ST DAVIDS CLOSE: Plot and Title Map

9 ST DAVIDS CLOSE sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 9 ST DAVIDS 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 9 ST DAVIDS 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 9 ST DAVIDS CLOSE?

9 ST DAVIDS CLOSE is located in CHELTENHAM, in the GL51 postcode district. The below map shows the position of No. 9 on ST DAVIDS CLOSE.