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 JESSOP DRIVE is a small extended detached house of 84m², built sometime between 1976 and 1982. It was last sold for £335,550 in December 2023, which was around 54% below the average December 2023 detached price in the Cotswold local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 3 JESSOP DRIVE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cotswold local authority area for the corresponding sale date. Both of the two 3 JESSOP 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 |
---|---|---|---|
2023 13 DEC | £335,550 | £732,779 | 54% below HPI |
1995 30 NOV | £83,000 | £127,532 | 35% below HPI |
The below graph shows the average detached house price in the Cotswold local authority area over time, sourced from the HPI. The two 3 JESSOP DRIVE sales from November 1995 and December 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 November 1995 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the December 2023 sale, where it falls to 54% below the HPI. The line then continues to track at 54% below the HPI.
3 JESSOP DRIVE is 84m², which includes one extension, according to the EPC inspection conducted in June 2023. This puts it in the smallest 30% 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 JESSOP DRIVE lies on this distribution: 22% of detached houses are smaller than 3 JESSOP DRIVE, and 75% of houses are larger. Note that EPC data is not available for all properties in Northleach.
3 JESSOP DRIVE sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of 3 JESSOP 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 JESSOP 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.
3 JESSOP DRIVE is located in NORTHLEACH, in the GL54 postcode district. The below map shows the position of No. 3 on JESSOP DRIVE.