17, SOTHERBY DRIVE, CHELTENHAM, GL51 0FZ - £253,500

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

17 SOTHERBY DRIVE is a very small detached house of 75m², built sometime between 2003 and 2006. It was last sold for £253,500 in September 2022, which was around 60% below the average September 2022 detached price in the Cheltenham local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

17 SOTHERBY DRIVE Sold Prices

Land registry data shows two sales for 17 SOTHERBY 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 17 SOTHERBY 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
2022 30 SEP	£253,500	£628,113	60% below HPI
2007 27 JUN	£225,000	£341,943	34% below HPI

17 SOTHERBY 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 17 SOTHERBY DRIVE sales from June 2007 and September 2022 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 2007 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the September 2022 sale, where it falls to 60% below the HPI. The line then continues to track at 60% below the HPI.

How Large is 17 SOTHERBY DRIVE?

17 SOTHERBY DRIVE is 75m² according to the EPC inspection conducted in May 2022. 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 17 SOTHERBY DRIVE lies on this distribution: 8% of detached houses are smaller than 17 SOTHERBY DRIVE, and 92% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

17 SOTHERBY DRIVE: Plot and Title Map

17 SOTHERBY DRIVE sits on a plot of roughly 0.027 of an acre, or 109m². The below map shows the location of 17 SOTHERBY 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 17 SOTHERBY 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 17 SOTHERBY DRIVE?

17 SOTHERBY DRIVE is located in CHELTENHAM, in the GL51 postcode district. The below map shows the position of No. 17 on SOTHERBY DRIVE.