49, PINEWOOD DRIVE, CHELTENHAM, GL51 0GH - £335,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

49 PINEWOOD DRIVE is a midsized extended detached house of 128m², built sometime between 2003 and 2006, which could now be worth an estimated £324,005. It was last sold for £335,000 in November 2022, which was around 48% below the average November 2022 detached price in the Cheltenham local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

49 PINEWOOD DRIVE Sold Prices

Land registry data shows two sales for 49 PINEWOOD DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cheltenham local authority area for the corresponding sale date. Both of the two 49 PINEWOOD 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
2022 30 NOV	£335,000	£650,226	48% below HPI
2006 10 NOV	£250,000	£346,677	28% below HPI

49 PINEWOOD 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 two 49 PINEWOOD DRIVE sales from November 2006 and November 2022 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 November 2006 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the November 2022 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

What might 49 PINEWOOD DRIVE be worth now?

49 PINEWOOD DRIVE might now be worth an estimated £324,005.

This is based on house price deflation of 3.3%, between November 2022 and December 2024, 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 3.3% deflationary decrease is applied to the most recent sale price for 49 PINEWOOD DRIVE of £335,000 on 30th November 2022. For the value to have decreased from £335,000 to £324,005 over the one year and eleven months to December 2024, the following assumptions must hold true:

• The value of 49 PINEWOOD DRIVE has moved in line with the HPI for detached houses in the Cheltenham local authority area.
• The November 2022 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of 49 PINEWOOD DRIVE has not materially changed since November 2022.

How Large is 49 PINEWOOD DRIVE?

49 PINEWOOD DRIVE is 128m², which includes one extension, according to the EPC inspection conducted in February 2022. This puts it in the largest 50% 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 49 PINEWOOD DRIVE lies on this distribution: 52% of detached houses houses are smaller than 49 PINEWOOD DRIVE, and 48% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

49 PINEWOOD DRIVE: Plot and Title Map

49 PINEWOOD DRIVE sits on a plot of roughly 0.044 of an acre, or 180m². The below map shows the location of 49 PINEWOOD 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 49 PINEWOOD 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 49 PINEWOOD DRIVE?

49 PINEWOOD DRIVE is located in CHELTENHAM, in the GL51 postcode district. The below map shows the position of No. 49 on PINEWOOD DRIVE.