20, NORWICH DRIVE, CHELTENHAM, GL51 3HE - £335,000

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

20 NORWICH DRIVE is a very small extended detached house of 73m², built sometime between 1930 and 1949. It was last sold for £335,000 in July 2024, which was around 44% below the average July 2024 detached price in the Cheltenham local authority area. The most recent EPC inspection was April 2024, where the current energy rating was D, and the potential energy rating was B.

20 NORWICH DRIVE Sold Prices

Land registry data shows three sales for 20 NORWICH 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 20 NORWICH 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
2024 22 JUL	£335,000	£600,548	44% below HPI
2012 26 OCT	£225,000	£361,001	38% below HPI
2004 27 APR	£177,500	£282,351	37% below HPI

20 NORWICH 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 20 NORWICH DRIVE sales between April 2004 and July 2024 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 2012 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the July 2024 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 20 NORWICH DRIVE?

20 NORWICH DRIVE is 73m², which includes one extension, according to the EPC inspection conducted in April 2024. 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 20 NORWICH DRIVE lies on this distribution: 7% of detached houses are smaller than 20 NORWICH DRIVE, and 93% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

20 NORWICH DRIVE: Plot and Title Map

20 NORWICH DRIVE sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 20 NORWICH 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 20 NORWICH 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 20 NORWICH DRIVE?

20 NORWICH DRIVE is located in CHELTENHAM, in the GL51 postcode district. The below map shows the position of No. 20 on NORWICH DRIVE.