6, CHESTNUT PLACE, CHELTENHAM, GL53 0QE - £315,000

6 CHESTNUT PLACE is a very small detached house of 60m², built sometime between 1983 and 1990. It was last sold for £315,000 in October 2018, which was around 38% below the average October 2018 detached price in the Cheltenham local authority area. The most recent EPC inspection was March 2015, where the current energy rating was C, and the potential energy rating was B.

6 CHESTNUT PLACE Sold Prices

Land registry data shows two sales for 6 CHESTNUT PLACE 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 6 CHESTNUT PLACE 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
2018 5 OCT	£315,000	£505,146	38% below HPI
2016 11 MAR	£256,000	£427,938	40% below HPI

6 CHESTNUT PLACE 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 6 CHESTNUT PLACE sales from March 2016 and October 2018 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 March 2016 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the October 2018 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 6 CHESTNUT PLACE?

6 CHESTNUT PLACE is 60m² according to the EPC inspection conducted in March 2015. 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 6 CHESTNUT PLACE lies on this distribution: 2% of detached houses are smaller than 6 CHESTNUT PLACE, and 97% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

6 CHESTNUT PLACE: Plot and Title Map

6 CHESTNUT PLACE sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 6 CHESTNUT PLACE, 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 6 CHESTNUT PLACE). 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 6 CHESTNUT PLACE?

6 CHESTNUT PLACE is located in CHELTENHAM, in the GL53 postcode district. The below map shows the position of No. 6 on CHESTNUT PLACE.