34, NORWICH DRIVE, CHELTENHAM, GL51 3HE - £240,000

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

34 NORWICH DRIVE is a very small detached house of 59m², built sometime between 1950 and 1966. It was last sold for £240,000 in July 2015, which was around 41% below the average July 2015 detached price in the Cheltenham local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

34 NORWICH DRIVE Sold Prices

Land registry data shows two sales for 34 NORWICH DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cheltenham local authority area for the corresponding sale date. Both of the two 34 NORWICH 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
2015 8 JUL	£240,000	£407,626	41% below HPI
2013 10 DEC	£200,000	£359,741	44% below HPI

34 NORWICH DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cheltenham local authority area over time, sourced from the HPI. The two 34 NORWICH DRIVE sales from December 2013 and July 2015 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 2013 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the July 2015 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 34 NORWICH DRIVE?

34 NORWICH DRIVE is 59m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 10% of detached houses in Cheltenham, based on EPC data. The below chart shows the distribution of detached houses by size in Cheltenham, and where 34 NORWICH DRIVE lies on this distribution: 2% of detached houses are smaller than 34 NORWICH DRIVE, and 98% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

34 NORWICH DRIVE: Plot and Title Map

34 NORWICH DRIVE sits on a plot of roughly 0.101 of an acre, or 407m². The below map shows the location of 34 NORWICH 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 34 NORWICH 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 34 NORWICH DRIVE?

34 NORWICH DRIVE is located in CHELTENHAM, in the GL51 postcode district. The below map shows the position of No. 34 on NORWICH DRIVE.