2, MORLANDS DRIVE, CHARLTON KINGS, CHELTENHAM, GL53 8LP - £540,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 MORLANDS DRIVE is a small extended detached house of 108m², built sometime between 1983 and 1990, which could now be worth an estimated £635,904. It was last sold for £540,000 in April 2021, which was around 1% above the average April 2021 detached price in the Cheltenham local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was C.

2 MORLANDS DRIVE Sold Prices

Land registry data shows two sales for 2 MORLANDS 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 2 MORLANDS DRIVE sales were for above 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 APR	£540,000	£535,605	1% above HPI
2003 31 OCT	£295,000	£275,842	7% above HPI

2 MORLANDS 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 2 MORLANDS DRIVE sales from October 2003 and April 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 October 2003 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the April 2021 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 2 MORLANDS DRIVE be worth now?

2 MORLANDS DRIVE might now be worth an estimated £635,904.

This is based on house price inflation of 17.8%, between April 2021 and February 2025, for detached houses, in the Cheltenham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17.8% inflationary increase is applied to the most recent sale price for 2 MORLANDS DRIVE of £540,000 on 6th April 2021. For the value to have increased from £540,000 to £635,904 over the four years and two months to February 2025, the following assumptions must hold true:

• The value of 2 MORLANDS DRIVE has moved in line with the HPI for detached houses in the Cheltenham local authority area.
• The April 2021 sale price of £540,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MORLANDS DRIVE has not materially changed since April 2021.

How Large is 2 MORLANDS DRIVE?

2 MORLANDS DRIVE is 108m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the smallest 40% of detached houses houses in Cheltenham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cheltenham, and where 2 MORLANDS DRIVE lies on this distribution: 31% of detached houses houses are smaller than 2 MORLANDS DRIVE, and 68% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

2 MORLANDS DRIVE: Plot and Title Map

2 MORLANDS DRIVE sits on a plot of roughly 0.132 of an acre, or 535m². The below map shows the location of 2 MORLANDS 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 MORLANDS 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 2 MORLANDS DRIVE?

2 MORLANDS DRIVE is located in CHARLTON KINGS, in the GL53 postcode district. The below map shows the position of No. 2 on MORLANDS DRIVE.