9B, WELLS CLOSE, CHELTENHAM, GL51 3BX - £257,000

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

9B WELLS CLOSE is a very small detached house of 61m², built sometime between 2003 and 2006. It was last sold for £257,000 in April 2017, which was around 43% below the average April 2017 detached price in the Cheltenham local authority area. The most recent EPC inspection was November 2016, where the current energy rating was C, and the potential energy rating was B.

9B WELLS CLOSE Sold Prices

Land registry data shows two sales for 9B WELLS 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 9B WELLS 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 6 APR	£257,000	£452,669	43% below HPI
2003 18 AUG	£189,950	£269,318	29% below HPI

9B WELLS 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 9B WELLS CLOSE sales from August 2003 and April 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 2003 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the April 2017 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 9B WELLS CLOSE?

9B WELLS CLOSE is 61m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 10% of detached houses in Cheltenham, based on EPC data. The below chart shows the distribution of detached houses by size in Cheltenham, and where 9B WELLS CLOSE lies on this distribution: 3% of detached houses are smaller than 9B WELLS CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

9B WELLS CLOSE: Plot and Title Map

9B WELLS CLOSE sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 9B WELLS 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 9B WELLS 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 9B WELLS CLOSE?

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