3, DRAKE CLOSE, CHURCHDOWN, GLOUCESTER, GL3 1NE - £280,000

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

3 DRAKE CLOSE is a very small detached house of 76m², built sometime between 1991 and 1995. It was last sold for £280,000 in February 2020, which was around 34% below the average February 2020 detached price in the Tewkesbury local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was C.

3 DRAKE CLOSE Sold Prices

Land registry data shows three sales for 3 DRAKE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Tewkesbury local authority area for the corresponding sale date. All of the three 3 DRAKE CLOSE 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
2020 7 FEB	£280,000	£422,323	34% below HPI
2015 10 DEC	£245,000	£373,963	34% below HPI
1999 12 NOV	£86,000	£141,140	39% below HPI

3 DRAKE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tewkesbury local authority area over time, sourced from the HPI. The three 3 DRAKE CLOSE sales between November 1999 and February 2020 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 December 2015 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the February 2020 sale, which was also at 34% below the HPI.

How Large is 3 DRAKE CLOSE?

3 DRAKE CLOSE is 76m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 20% of detached houses in Innsworth, based on EPC data. The below chart shows the distribution of detached houses by size in Innsworth, and where 3 DRAKE CLOSE lies on this distribution: 11% of detached houses are smaller than 3 DRAKE CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Innsworth.

3 DRAKE CLOSE: Plot and Title Map

3 DRAKE CLOSE sits on a plot of roughly 0.062 of an acre, or 253m². The below map shows the location of 3 DRAKE CLOSE, 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 3 DRAKE CLOSE). 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 3 DRAKE CLOSE?

3 DRAKE CLOSE is located in CHURCHDOWN, in the GL3 postcode district. The below map shows the position of No. 3 on DRAKE CLOSE.