48, CHERRINGTON DRIVE, ABBEYMEAD, GLOUCESTER, GL4 4XW - £185,000

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.

48 CHERRINGTON DRIVE is a very small semi-detached house of 54m², built sometime between 1991 and 1995, which could now be worth an estimated £218,975. It was last sold for £185,000 in May 2021, which was around 19% below the average May 2021 semi-detached price in the Gloucester local authority area. The most recent EPC inspection was May 2017, where the current energy rating was C, and the potential energy rating was B.

48 CHERRINGTON DRIVE Sold Prices

Land registry data shows three sales for 48 CHERRINGTON 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 Gloucester local authority area for the corresponding sale date. All of the three 48 CHERRINGTON 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
2021 17 MAY	£185,000	£229,265	19% below HPI
2017 8 SEP	£173,000	£196,166	12% below HPI
2003 20 JUN	£107,000	£119,741	11% below HPI

48 CHERRINGTON DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Gloucester local authority area over time, sourced from the HPI. The three 48 CHERRINGTON DRIVE sales between June 2003 and May 2021 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 September 2017 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the May 2021 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 48 CHERRINGTON DRIVE be worth now?

48 CHERRINGTON DRIVE might now be worth an estimated £218,975.

This is based on house price inflation of 18.4%, between May 2021 and February 2025, for semi-detached houses, in the Gloucester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.4% inflationary increase is applied to the most recent sale price for 48 CHERRINGTON DRIVE of £185,000 on 17th May 2021. For the value to have increased from £185,000 to £218,975 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of 48 CHERRINGTON DRIVE has moved in line with the HPI for semi-detached houses in the Gloucester local authority area.
• The May 2021 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 48 CHERRINGTON DRIVE has not materially changed since May 2021.

How Large is 48 CHERRINGTON DRIVE?

48 CHERRINGTON DRIVE is 54m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 10% of semi-detached houses houses in Gloucester, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Gloucester, and where 48 CHERRINGTON DRIVE lies on this distribution: 1% of semi-detached houses houses are smaller than 48 CHERRINGTON DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

48 CHERRINGTON DRIVE: Plot and Title Map

48 CHERRINGTON DRIVE sits on a plot of roughly 0.043 of an acre, or 175m². The below map shows the location of 48 CHERRINGTON 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 48 CHERRINGTON 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 48 CHERRINGTON DRIVE?

48 CHERRINGTON DRIVE is located in ABBEYMEAD, in the GL4 postcode district. The below map shows the position of No. 48 on CHERRINGTON DRIVE.