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
26 MONICA DRIVE is a large extended detached house of 148m², built sometime between 1950 and 1966. It was last sold for £838,000 in August 2023, which was around 36% above the average August 2023 detached price in the Cheltenham local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 26 MONICA DRIVE since 1st 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 26 MONICA 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 |
---|---|---|---|
2023 18 AUG | £838,000 | £617,231 | 36% above HPI |
2022 27 OCT | £800,000 | £630,783 | 27% above HPI |
2015 25 SEP | £440,000 | £424,681 | 4% above HPI |
The below graph shows the average detached house price in the Cheltenham local authority area over time, sourced from the HPI. The three 26 MONICA DRIVE sales between September 2015 and August 2023 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 2022 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the August 2023 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.
26 MONICA DRIVE is 148m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the largest 40% of detached houses in Cheltenham, based on EPC data. The below chart shows the distribution of detached houses by size in Cheltenham, and where 26 MONICA DRIVE lies on this distribution: 67% of detached houses are smaller than 26 MONICA DRIVE, and 33% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.
26 MONICA DRIVE sits on a plot of roughly 0.172 of an acre, or 695m². The below map shows the location of 26 MONICA 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 26 MONICA 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.
26 MONICA DRIVE is located in CHELTENHAM, in the GL50 postcode district. The below map shows the position of No. 26 on MONICA DRIVE.