3, LANCASTER DRIVE, UPPER RISSINGTON, CHELTENHAM, GL54 2QZ - £900,000

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 LANCASTER DRIVE is a large detached house of 158m², built sometime between 1996 and 2002. It was last sold for £900,000 in December 2023, which was around 24% above the average December 2023 detached price in the Cotswold local authority area. The most recent EPC inspection was August 2023, where the current energy rating was E, and the potential energy rating was D.

3 LANCASTER DRIVE Sold Prices

Land registry data shows three sales for 3 LANCASTER 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 LANCASTER 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 20 DEC	£900,000	£728,297	24% above HPI
2007 13 JUN	£477,000	£400,049	19% above HPI
1999 18 JUN	£220,000	£181,212	21% above HPI

3 LANCASTER 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 LANCASTER DRIVE sales between June 1999 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 June 2007 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the December 2023 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 3 LANCASTER DRIVE?

3 LANCASTER DRIVE is 158m² according to the EPC inspection conducted in August 2023. This puts it in the largest 30% of detached houses in Upper Rissington, based on EPC data. The below chart shows the distribution of detached houses by size in Upper Rissington, and where 3 LANCASTER DRIVE lies on this distribution: 67% of detached houses are smaller than 3 LANCASTER DRIVE, and 28% of houses are larger. Note that EPC data is not available for all properties in Upper Rissington.

3 LANCASTER DRIVE: Plot and Title Map

3 LANCASTER DRIVE sits on a plot of roughly 0.233 of an acre, or 944m². The below map shows the location of 3 LANCASTER 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 LANCASTER 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 LANCASTER DRIVE?

3 LANCASTER DRIVE is located in UPPER RISSINGTON, in the GL54 postcode district. The below map shows the position of No. 3 on LANCASTER DRIVE.