3A, WESSEX DRIVE, CHELTENHAM, GL52 5AF - £285,000

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

3A WESSEX DRIVE is a very small detached house of 69m², built sometime between 1991 and 1995. It was last sold for £285,000 in November 2019, which was around 41% below the average November 2019 detached price in the Cheltenham local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

3A WESSEX DRIVE Sold Prices

Land registry data shows five sales for 3A WESSEX DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Cheltenham local authority area for the corresponding sale date. All of the five 3A WESSEX 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
2019 8 NOV	£285,000	£481,576	41% below HPI
2016 26 JAN	£250,000	£418,394	40% below HPI
2003 4 JUL	£189,995	£268,438	29% below HPI
2002 1 AUG	£175,000	£249,309	30% below HPI
1996 23 AUG	£63,000	£107,114	41% below HPI

3A WESSEX 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 five 3A WESSEX DRIVE sales between August 1996 and November 2019 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 January 2016 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the November 2019 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 3A WESSEX DRIVE?

3A WESSEX DRIVE is 69m² according to the EPC inspection conducted in July 2015. 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 3A WESSEX DRIVE lies on this distribution: 5% of detached houses are smaller than 3A WESSEX DRIVE, and 95% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

3A WESSEX DRIVE: Plot and Title Map

3A WESSEX DRIVE sits on a plot of roughly 0.093 of an acre, or 378m². The below map shows the location of 3A WESSEX 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 3A WESSEX 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 3A WESSEX DRIVE?

3A WESSEX DRIVE is located in CHELTENHAM, in the GL52 postcode district. The below map shows the position of No. 3A on WESSEX DRIVE.