1A, LAUREL DRIVE, PRESTBURY, CHELTENHAM, GL52 3DE - £300,000

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

1A LAUREL DRIVE is a very small detached house of 63m², built sometime between 1950 and 1966. It was last sold for £300,000 in August 2021, which was around 44% below the average August 2021 detached price in the Cheltenham local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was B.

1A LAUREL DRIVE Sold Prices

Land registry data shows three sales for 1A LAUREL 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 1A LAUREL 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 AUG	£300,000	£538,440	44% below HPI
2009 18 NOV	£229,000	£318,280	28% below HPI
2004 21 DEC	£225,000	£297,039	24% below HPI

1A LAUREL 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 1A LAUREL DRIVE sales between December 2004 and August 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 November 2009 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the August 2021 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 1A LAUREL DRIVE?

1A LAUREL DRIVE is 63m² according to the EPC inspection conducted in October 2020. This puts it in the smallest 10% of detached houses in Prestbury, based on EPC data. The below chart shows the distribution of detached houses by size in Prestbury, and where 1A LAUREL DRIVE lies on this distribution: 2% of detached houses are smaller than 1A LAUREL DRIVE, and 98% of houses are larger. Note that EPC data is not available for all properties in Prestbury.

1A LAUREL DRIVE: Plot and Title Map

1A LAUREL DRIVE sits on a plot of roughly 0.108 of an acre, or 438m². The below map shows the location of 1A LAUREL 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 1A LAUREL 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 1A LAUREL DRIVE?

1A LAUREL DRIVE is located in PRESTBURY, in the GL52 postcode district. The below map shows the position of No. 1A on LAUREL DRIVE.