4, SOUTHGATE DRIVE, CHELTENHAM, GL53 7QL - £235,000

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 SOUTHGATE DRIVE is a very small semi-detached house of 86m², built sometime between 1967 and 1975, which could now be worth an estimated £426,383. It was last sold for £235,000 in February 2008, which was around 7% above the average February 2008 semi-detached price in the Cheltenham local authority area. The most recent EPC inspection was March 2013, where the current energy rating was E, and the potential energy rating was B.

4 SOUTHGATE DRIVE Sold Prices

Land registry data shows three sales for 4 SOUTHGATE DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Cheltenham local authority area for the corresponding sale date. Two of the three 4 SOUTHGATE DRIVE sales were for above the average price, whilst one was 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
2008 28 FEB	£235,000	£219,973	7% above HPI
2001 5 MAR	£130,000	£109,198	19% above HPI
1996 22 AUG	£64,000	£65,259	2% below HPI

4 SOUTHGATE DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Cheltenham local authority area over time, sourced from the HPI. The three 4 SOUTHGATE DRIVE sales between August 1996 and February 2008 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 March 2001 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the February 2008 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 4 SOUTHGATE DRIVE be worth now?

4 SOUTHGATE DRIVE might now be worth an estimated £426,383.

This is based on house price inflation of 81.4%, between February 2008 and February 2025, for semi-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 81.4% inflationary increase is applied to the most recent sale price for 4 SOUTHGATE DRIVE of £235,000 on 28th February 2008. For the value to have increased from £235,000 to £426,383 over the seventeen years to February 2025, the following assumptions must hold true:

• The value of 4 SOUTHGATE DRIVE has moved in line with the HPI for semi-detached houses in the Cheltenham local authority area.
• The February 2008 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 4 SOUTHGATE DRIVE has not materially changed since February 2008.

How Large is 4 SOUTHGATE DRIVE?

4 SOUTHGATE DRIVE is 86m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 20% of semi-detached houses houses in Cheltenham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Cheltenham, and where 4 SOUTHGATE DRIVE lies on this distribution: 14% of semi-detached houses houses are smaller than 4 SOUTHGATE DRIVE, and 85% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

4 SOUTHGATE DRIVE: Plot and Title Map

4 SOUTHGATE DRIVE sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 4 SOUTHGATE 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 SOUTHGATE 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 SOUTHGATE DRIVE?

4 SOUTHGATE DRIVE is located in CHELTENHAM, in the GL53 postcode district. The below map shows the position of No. 4 on SOUTHGATE DRIVE.