2, MENDIP CLOSE, CHELTENHAM, GL52 5DS - £143,000

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.

2 MENDIP CLOSE is a very small semi-detached house of 55m², built sometime between 1967 and 1975, which could now be worth an estimated £263,435. It was last sold for £143,000 in March 2013, which was around 35% below the average March 2013 semi-detached price in the Cheltenham local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was B.

2 MENDIP CLOSE Sold Prices

Land registry data shows one sale for 2 MENDIP CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-detached price in the Cheltenham local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2013 12 MAR	£143,000	£218,391	35% below HPI

What might 2 MENDIP CLOSE be worth now?

2 MENDIP CLOSE might now be worth an estimated £263,435.

This is based on house price inflation of 84.2%, between March 2013 and May 2026, 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 84.2% inflationary increase is applied to the most recent sale price for 2 MENDIP CLOSE of £143,000 on 12th March 2013. For the value to have increased from £143,000 to £263,435 over the twelve years and ten months to May 2026, the following assumptions must hold true:

• The value of 2 MENDIP CLOSE has moved in line with the HPI for semi-detached houses in the Cheltenham local authority area.
• The March 2013 sale price of £143,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MENDIP CLOSE has not materially changed since March 2013.

How Large is 2 MENDIP CLOSE?

2 MENDIP CLOSE is 55m² according to the EPC inspection conducted in April 2012. This puts it in the smallest 10% of semi-detached houses in Cheltenham, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Cheltenham, and where 2 MENDIP CLOSE lies on this distribution: 3% of semi-detached houses are smaller than 2 MENDIP CLOSE, and 96% of semi-detached houses are larger. Note that EPC data is not available for all properties in Cheltenham.

2 MENDIP CLOSE: Plot

2 MENDIP CLOSE sits on a plot of roughly 0.067 of an acre, or 270m².

Where is 2 MENDIP CLOSE?

2 MENDIP CLOSE is located in CHELTENHAM, in the GL52 postcode district.