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
2 CLEEVELANDS DRIVE is a very large extended detached house of 188m², built sometime between 1967 and 1975. It was last sold for £570,000 in October 2013, which was around 57% above the average October 2013 detached price in the Cheltenham local authority area. The most recent EPC inspection was June 2012, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows two sales for 2 CLEEVELANDS DRIVE since 1st 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. One of the two 2 CLEEVELANDS DRIVE sales was for above the average price, whilst the other was 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 |
---|---|---|---|
2013 25 OCT | £570,000 | £363,951 | 57% above HPI |
2011 23 SEP | £285,000 | £342,824 | 17% below HPI |
The below graph shows the average detached house price in the Cheltenham local authority area over time, sourced from the HPI. The two 2 CLEEVELANDS DRIVE sales from September 2011 and October 2013 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 September 2011 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the October 2013 sale, where it rises to 57% above the HPI. The line then continues to track at 57% above the HPI.
2 CLEEVELANDS DRIVE is 188m², which includes two extensions, according to the EPC inspection conducted in June 2012. This puts it in the largest 20% of detached houses in Cheltenham, based on EPC data. The below chart shows the distribution of detached houses by size in Cheltenham, and where 2 CLEEVELANDS DRIVE lies on this distribution: 84% of detached houses are smaller than 2 CLEEVELANDS DRIVE, and 16% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.
2 CLEEVELANDS DRIVE sits on a plot of roughly 0.131 of an acre, or 532m². The below map shows the location of 2 CLEEVELANDS 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 2 CLEEVELANDS 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.
2 CLEEVELANDS DRIVE is located in CHELTENHAM, in the GL50 postcode district. The below map shows the position of No. 2 on CLEEVELANDS DRIVE.