WELLES BOURNE, OAKFIELD STREET, CHELTENHAM, GL50 2UJ - £701,000

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.

WELLES BOURNE is a small extended semi-detached house of 106m², built sometime between 1900 and 1929, which could now be worth an estimated £721,820. It was last sold for £701,000 in November 2023, which was around 81% above the average November 2023 semi-detached price in the Cheltenham local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

WELLES BOURNE Sold Prices

Land registry data shows two sales for WELLES BOURNE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Cheltenham local authority area for the corresponding sale date. Both of the two WELLES BOURNE 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
2023 9 NOV	£701,000	£387,606	81% above HPI
2016 25 NOV	£375,000	£276,120	36% above HPI

WELLES BOURNE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Cheltenham local authority area over time, sourced from the HPI. The two WELLES BOURNE sales from November 2016 and November 2023 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 November 2016 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the November 2023 sale, where it rises to 81% above the HPI. The line then continues to track at 81% above the HPI.

What might WELLES BOURNE be worth now?

WELLES BOURNE might now be worth an estimated £721,820.

This is based on house price inflation of 3%, between November 2023 and February 2025, for semi-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 3% inflationary increase is applied to the most recent sale price for WELLES BOURNE of £701,000 on 9th November 2023. For the value to have increased from £701,000 to £721,820 over the two years and nine months to February 2025, the following assumptions must hold true:

• The value of WELLES BOURNE has moved in line with the HPI for semi-detached houses in the Cheltenham local authority area.
• The November 2023 sale price of £701,000 represented a fair market value for the property.
• The size, condition, and specification of WELLES BOURNE has not materially changed since November 2023.

How Large is WELLES BOURNE?

WELLES BOURNE is 106m², which includes two extensions, according to the EPC inspection conducted in September 2016. This puts it in the smallest 30% of semi-detached houses houses in Cheltenham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Cheltenham, and where WELLES BOURNE lies on this distribution: 30% of semi-detached houses houses are smaller than WELLES BOURNE, and 70% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

WELLES BOURNE: Plot and Title Map

WELLES BOURNE sits on a plot of roughly 0.035 of an acre, or 140m². The below map shows the location of WELLES BOURNE, 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 WELLES BOURNE). 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 WELLES BOURNE?

WELLES BOURNE is located on OAKFIELD STREET in CHELTENHAM, in the GL50 postcode district. The below map shows the position of WELLES BOURNE on OAKFIELD STREET.