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

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

3 GRACE DRIVE is a very small detached house of 78m², built sometime between 1983 and 1990. It was last sold for £377,900 in October 2022, which was around 48% 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	£731,405	48% below HPI
2012 1 JUN	£260,000	£424,032	39% below HPI
1997 8 AUG	£87,500	£144,240	39% 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 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the October 2022 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

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 in Northleach, based on EPC data. The below chart shows the distribution of detached houses by size in Northleach, and where 3 GRACE DRIVE lies on this distribution: 13% of detached 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.