12, PINEWOOD DRIVE, CHELTENHAM, GL51 0GH - £303,000

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

12 PINEWOOD DRIVE is a midsized detached house of 127m², built sometime between 2003 and 2006. It was last sold for £303,000 in September 2021, which was around 44% below the average September 2021 detached price in the Cheltenham local authority area. The most recent EPC inspection was October 2016, where the current energy rating was C, and the potential energy rating was B.

12 PINEWOOD DRIVE Sold Prices

Land registry data shows three sales for 12 PINEWOOD DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cheltenham local authority area for the corresponding sale date. All of the three 12 PINEWOOD 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
2021 6 SEP	£303,000	£537,842	44% below HPI
2017 8 AUG	£290,000	£467,220	38% below HPI
2006 24 NOV	£247,500	£335,924	26% below HPI

12 PINEWOOD 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 three 12 PINEWOOD DRIVE sales between November 2006 and September 2021 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 August 2017 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the September 2021 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 12 PINEWOOD DRIVE?

12 PINEWOOD DRIVE is 127m² according to the EPC inspection conducted in October 2016. 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 12 PINEWOOD DRIVE lies on this distribution: 51% of detached houses are smaller than 12 PINEWOOD DRIVE, and 48% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

12 PINEWOOD DRIVE: Plot and Title Map

12 PINEWOOD DRIVE sits on a plot of roughly 0.040 of an acre, or 163m². The below map shows the location of 12 PINEWOOD 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 12 PINEWOOD 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 12 PINEWOOD DRIVE?

12 PINEWOOD DRIVE is located in CHELTENHAM, in the GL51 postcode district. The below map shows the position of No. 12 on PINEWOOD DRIVE.