4, DRAKES PLACE, CHELTENHAM, GL50 2JF - £748,980

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 DRAKES PLACE is a large extended detached house of 146m², built sometime between 1976 and 1982, which could now be worth an estimated £943,149. It was last sold for £748,980 in October 2019, which was around 50% above the average October 2019 detached price in the Cheltenham local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was C.

4 DRAKES PLACE Sold Prices

Land registry data shows three sales for 4 DRAKES PLACE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cheltenham local authority area for the corresponding sale date. All of the three 4 DRAKES PLACE 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
2019 4 OCT	£748,980	£500,878	50% above HPI
2008 2 OCT	£490,000	£344,976	42% above HPI
1999 30 APR	£260,000	£147,869	76% above HPI

4 DRAKES PLACE 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 three 4 DRAKES PLACE sales between April 1999 and October 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 October 2008 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the October 2019 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.

What might 4 DRAKES PLACE be worth now?

4 DRAKES PLACE might now be worth an estimated £943,149.

This is based on house price inflation of 25.9%, between October 2019 and February 2025, for detached houses, in the Cheltenham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 25.9% inflationary increase is applied to the most recent sale price for 4 DRAKES PLACE of £748,980 on 4th October 2019. For the value to have increased from £748,980 to £943,149 over the six years and eight months to February 2025, the following assumptions must hold true:

• The value of 4 DRAKES PLACE has moved in line with the HPI for detached houses in the Cheltenham local authority area.
• The October 2019 sale price of £748,980 represented a fair market value for the property.
• The size, condition, and specification of 4 DRAKES PLACE has not materially changed since October 2019.

How Large is 4 DRAKES PLACE?

4 DRAKES PLACE is 146m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the largest 40% of detached houses houses in Cheltenham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cheltenham, and where 4 DRAKES PLACE lies on this distribution: 65% of detached houses houses are smaller than 4 DRAKES PLACE, and 34% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

4 DRAKES PLACE: Plot and Title Map

4 DRAKES PLACE sits on a plot of roughly 0.109 of an acre, or 442m². The below map shows the location of 4 DRAKES PLACE, 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 4 DRAKES PLACE). 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 4 DRAKES PLACE?

4 DRAKES PLACE is located in CHELTENHAM, in the GL50 postcode district. The below map shows the position of No. 4 on DRAKES PLACE.