4, MILL REEF DRIVE, PRESTBURY, CHELTENHAM, GL52 5FF - £780,000

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 MILL REEF DRIVE is a very large detached house of 189m², built sometime between 2003 and 2006, which could now be worth an estimated £801,277. It was last sold for £780,000 in January 2023, which was around 58% above the average January 2023 detached price in the Tewkesbury local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.

4 MILL REEF DRIVE Sold Prices

Land registry data shows four sales for 4 MILL REEF DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Tewkesbury local authority area for the corresponding sale date. All of the four 4 MILL REEF 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 JAN	£780,000	£494,784	58% above HPI
2017 6 JAN	£560,000	£370,133	51% above HPI
2010 1 OCT	£455,000	£292,160	56% above HPI
2007 7 DEC	£480,000	£311,194	54% above HPI

4 MILL REEF DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tewkesbury local authority area over time, sourced from the HPI. The four 4 MILL REEF DRIVE sales between December 2007 and January 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 January 2017 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the January 2023 sale, where it rises to 58% above the HPI. The line then continues to track at 58% above the HPI.

What might 4 MILL REEF DRIVE be worth now?

4 MILL REEF DRIVE might now be worth an estimated £801,277.

This is based on house price inflation of 2.7%, between January 2023 and February 2025, for detached houses, in the Tewkesbury local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.7% inflationary increase is applied to the most recent sale price for 4 MILL REEF DRIVE of £780,000 on 20th January 2023. For the value to have increased from £780,000 to £801,277 over the one year and eleven months to February 2025, the following assumptions must hold true:

• The value of 4 MILL REEF DRIVE has moved in line with the HPI for detached houses in the Tewkesbury local authority area.
• The January 2023 sale price of £780,000 represented a fair market value for the property.
• The size, condition, and specification of 4 MILL REEF DRIVE has not materially changed since January 2023.

How Large is 4 MILL REEF DRIVE?

4 MILL REEF DRIVE is 189m² according to the EPC inspection conducted in April 2022. This puts it in the largest 20% of detached houses houses in Prestbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Prestbury, and where 4 MILL REEF DRIVE lies on this distribution: 83% of detached houses houses are smaller than 4 MILL REEF DRIVE, and 16% of houses are larger. Note that EPC data is not available for all properties in Prestbury.

4 MILL REEF DRIVE: Plot and Title Map

4 MILL REEF DRIVE sits on a plot of roughly 0.119 of an acre, or 483m². The below map shows the location of 4 MILL REEF 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 4 MILL REEF 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 4 MILL REEF DRIVE?

4 MILL REEF DRIVE is located in PRESTBURY, in the GL52 postcode district. The below map shows the position of No. 4 on MILL REEF DRIVE.