9, CHANCEL WAY, CHELTENHAM, GL53 7RR - £500,000

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 CHANCEL WAY is a very large extended detached house of 188m², built sometime between 1976 and 1982, which could now be worth an estimated £800,689. It was last sold for £500,000 in April 2014, which was around 28% above the average April 2014 detached price in the Cheltenham local authority area. The most recent EPC inspection was May 2012, where the current energy rating was E, and the potential energy rating was C.

9 CHANCEL WAY Sold Prices

Land registry data shows two sales for 9 CHANCEL WAY 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 CHANCEL WAY 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
2014 14 APR	£500,000	£390,352	28% above HPI
1995 18 SEP	£150,000	£111,348	35% above HPI

9 CHANCEL WAY 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 CHANCEL WAY sales from September 1995 and April 2014 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 September 1995 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the April 2014 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might 9 CHANCEL WAY be worth now?

9 CHANCEL WAY might now be worth an estimated £800,689.

This is based on house price inflation of 60.1%, between April 2014 and June 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 60.1% inflationary increase is applied to the most recent sale price for 9 CHANCEL WAY of £500,000 on 14th April 2014. For the value to have increased from £500,000 to £800,689 over the ten years and ten months to June 2025, the following assumptions must hold true:

• The value of 9 CHANCEL WAY has moved in line with the HPI for detached houses in the Cheltenham local authority area.
• The April 2014 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 9 CHANCEL WAY has not materially changed since April 2014.

How Large is 9 CHANCEL WAY?

9 CHANCEL WAY is 188m², which includes two extensions, according to the EPC inspection conducted in May 2012. This puts it in the largest 20% 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 CHANCEL WAY lies on this distribution: 84% of detached houses houses are smaller than 9 CHANCEL WAY, and 16% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

9 CHANCEL WAY: Plot and Title Map

9 CHANCEL WAY sits on a plot of roughly 0.102 of an acre, or 412m². The below map shows the location of 9 CHANCEL WAY, 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 CHANCEL WAY). 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 CHANCEL WAY?

9 CHANCEL WAY is located in CHELTENHAM, in the GL53 postcode district. The below map shows the position of No. 9 on CHANCEL WAY.