Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
1 CASTLEMAINE DRIVE is a midsized extended detached house of 135m², built sometime between 1983 and 1990. It was last sold for £375,000 in February 2018, which was around 20% below the average February 2018 detached price in the Cheltenham local authority area. The most recent EPC inspection was July 2011, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows four sales for 1 CASTLEMAINE DRIVE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cheltenham local authority area for the corresponding sale date. All of the four 1 CASTLEMAINE DRIVE 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 27 FEB | £375,000 | £469,098 | 20% below HPI |
2014 25 JUN | £320,000 | £381,391 | 16% below HPI |
2006 22 SEP | £220,000 | £335,379 | 34% below HPI |
2004 30 APR | £173,500 | £282,351 | 39% below HPI |
The below graph shows the average detached house price in the Cheltenham local authority area over time, sourced from the HPI. The four 1 CASTLEMAINE DRIVE sales between April 2004 and February 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 June 2014 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the February 2018 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.
1 CASTLEMAINE DRIVE is 135m², which includes four extensions, according to the EPC inspection conducted in July 2011. This puts it in the largest 50% of detached houses in Cheltenham, based on EPC data. The below chart shows the distribution of detached houses by size in Cheltenham, and where 1 CASTLEMAINE DRIVE lies on this distribution: 58% of detached houses are smaller than 1 CASTLEMAINE DRIVE, and 42% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.
1 CASTLEMAINE DRIVE sits on a plot of roughly 0.082 of an acre, or 330m². The below map shows the location of 1 CASTLEMAINE DRIVE, 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 1 CASTLEMAINE DRIVE). 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.
1 CASTLEMAINE DRIVE is located in CHELTENHAM, in the GL51 postcode district. The below map shows the position of No. 1 on CASTLEMAINE DRIVE.