3, GRACE DRIVE, NORTHLEACH, CHELTENHAM, GL54 3HQ - £377,900

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 GRACE DRIVE is a very small detached house of 78m², built sometime between 1983 and 1990, which could now be worth an estimated £372,565. It was last sold for £377,900 in October 2022, which was around 47% below the average October 2022 detached price in the Cotswold local authority area. The most recent EPC inspection was June 2022, where the current energy rating was E, and the potential energy rating was B.

3 GRACE DRIVE Sold Prices

Land registry data shows three sales for 3 GRACE 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 Cotswold local authority area for the corresponding sale date. All of the three 3 GRACE 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
2022 21 OCT	£377,900	£714,602	47% below HPI
2012 1 JUN	£260,000	£414,290	37% below HPI
1997 8 AUG	£87,500	£140,926	38% below HPI

3 GRACE DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cotswold local authority area over time, sourced from the HPI. The three 3 GRACE DRIVE sales between August 1997 and October 2022 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 June 2012 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the October 2022 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

What might 3 GRACE DRIVE be worth now?

3 GRACE DRIVE might now be worth an estimated £372,565.

This is based on house price deflation of 1.4%, between October 2022 and December 2024, for detached houses, in the Cotswold local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.4% deflationary decrease is applied to the most recent sale price for 3 GRACE DRIVE of £377,900 on 21st October 2022. For the value to have decreased from £377,900 to £372,565 over the one year and ten months to December 2024, the following assumptions must hold true:

• The value of 3 GRACE DRIVE has moved in line with the HPI for detached houses in the Cotswold local authority area.
• The October 2022 sale price of £377,900 represented a fair market value for the property.
• The size, condition, and specification of 3 GRACE DRIVE has not materially changed since October 2022.

How Large is 3 GRACE DRIVE?

3 GRACE DRIVE is 78m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 20% of detached houses houses in Northleach, based on EPC data. The below chart shows the distribution of detached houses houses by size in Northleach, and where 3 GRACE DRIVE lies on this distribution: 13% of detached houses houses are smaller than 3 GRACE DRIVE, and 85% of houses are larger. Note that EPC data is not available for all properties in Northleach.

3 GRACE DRIVE: Plot and Title Map

3 GRACE DRIVE sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 3 GRACE 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 3 GRACE 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 3 GRACE DRIVE?

3 GRACE DRIVE is located in NORTHLEACH, in the GL54 postcode district. The below map shows the position of No. 3 on GRACE DRIVE.