2, PICKERING CLOSE, CHELTENHAM, GL53 0LE - £495,000

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 PICKERING CLOSE is a large extended detached house of 155m², built sometime between 1950 and 1966, which could now be worth an estimated £729,902. It was last sold for £495,000 in January 2016, which was around 15% above the average January 2016 detached price in the Cheltenham local authority area. The most recent EPC inspection was August 2015, where the current energy rating was C, and the potential energy rating was C.

2 PICKERING CLOSE Sold Prices

Land registry data shows one sale for 2 PICKERING CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average 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
2016 15 JAN	£495,000	£431,787	15% above HPI

What might 2 PICKERING CLOSE be worth now?

2 PICKERING CLOSE might now be worth an estimated £729,902.

This is based on house price inflation of 47.5%, between January 2016 and May 2026, 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 47.5% inflationary increase is applied to the most recent sale price for 2 PICKERING CLOSE of £495,000 on 15th January 2016. For the value to have increased from £495,000 to £729,902 over the nine years and eight months to May 2026, the following assumptions must hold true:

• The value of 2 PICKERING CLOSE has moved in line with the HPI for detached houses in the Cheltenham local authority area.
• The January 2016 sale price of £495,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PICKERING CLOSE has not materially changed since January 2016.

How Large is 2 PICKERING CLOSE?

2 PICKERING CLOSE is 155m², which includes one extension, according to the EPC inspection conducted in August 2015. This puts it in the largest 40% of detached houses in Cheltenham, based on EPC data. The below chart shows the distribution of detached houses by size in Cheltenham, and where 2 PICKERING CLOSE lies on this distribution: 69% of detached houses are smaller than 2 PICKERING CLOSE, and 30% of detached houses are larger. Note that EPC data is not available for all properties in Cheltenham.

2 PICKERING CLOSE: Plot

2 PICKERING CLOSE sits on a plot of roughly 0.198 of an acre, or 802m².

Where is 2 PICKERING CLOSE?

2 PICKERING CLOSE is located in CHELTENHAM, in the GL53 postcode district.