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.
BASEMENT FLAT is a small flat of 55m², built sometime before 1900, which could now be worth an estimated £221,813. It was last sold for £210,000 in July 2021, which was around 7% above the average July 2021 flat price in the Cheltenham local authority area. The most recent EPC inspection was August 2019, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows three sales for BASEMENT FLAT since 1st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Cheltenham local authority area for the corresponding sale date. All of the three BASEMENT FLAT 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 |
|---|---|---|---|
2021 29 JUL | £210,000 | £196,140 | 7% above HPI |
2019 29 NOV | £200,000 | £177,073 | 13% above HPI |
2008 20 JUN | £164,000 | £139,524 | 18% above HPI |
BASEMENT FLAT might now be worth an estimated £221,813.
This is based on house price inflation of 5.6%, between July 2021 and April 2026, for flats, in the Cheltenham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).
The 5.6% inflationary increase is applied to the most recent sale price for BASEMENT FLAT of £210,000 on 29th July 2021. For the value to have increased from £210,000 to £221,813 over the five years and three months to April 2026, the following assumptions must hold true:
BASEMENT FLAT is 55m² according to the EPC inspection conducted in August 2019. This puts it in the smallest 40% of flats in Cheltenham, based on EPC data. 38% of flats are smaller than BASEMENT FLAT, and 61% of flats are larger. Note that EPC data is not available for all properties in Cheltenham.
BASEMENT FLAT sits on a plot of roughly 0.046 of an acre, or 187m².
Most recent sales first: