11, ST NICHOLAS DRIVE, CHELTENHAM, GL50 4RY - £405,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

11 ST NICHOLAS DRIVE is a very small extended detached house of 69m², built sometime between 1967 and 1975. It was last sold for £405,000 in November 2023, which was around 34% below the average November 2023 detached price in the Cheltenham local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was B.

11 ST NICHOLAS DRIVE Sold Prices

Land registry data shows two sales for 11 ST NICHOLAS DRIVE 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 11 ST NICHOLAS 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
2023 9 NOV	£405,000	£609,335	34% below HPI
2021 22 OCT	£353,000	£540,116	35% below HPI

11 ST NICHOLAS DRIVE 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 11 ST NICHOLAS DRIVE sales from October 2021 and November 2023 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 October 2021 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the November 2023 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 11 ST NICHOLAS DRIVE?

11 ST NICHOLAS DRIVE is 69m², which includes one extension, according to the EPC inspection conducted in May 2021. This puts it in the smallest 10% of detached houses in Cheltenham, based on EPC data. The below chart shows the distribution of detached houses by size in Cheltenham, and where 11 ST NICHOLAS DRIVE lies on this distribution: 5% of detached houses are smaller than 11 ST NICHOLAS DRIVE, and 95% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

11 ST NICHOLAS DRIVE: Plot and Title Map

11 ST NICHOLAS DRIVE sits on a plot of roughly 0.106 of an acre, or 428m². The below map shows the location of 11 ST NICHOLAS 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 11 ST NICHOLAS 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.

Where is 11 ST NICHOLAS DRIVE?

11 ST NICHOLAS DRIVE is located in CHELTENHAM, in the GL50 postcode district. The below map shows the position of No. 11 on ST NICHOLAS DRIVE.