5, AZALEA DRIVE, UP HATHERLEY, CHELTENHAM, GL51 3EA - £440,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

5 AZALEA DRIVE is a small extended detached house of 104m², built sometime between 1991 and 1995. It was last sold for £440,000 in December 2018, which was around 12% below the average December 2018 detached price in the Cheltenham local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was B.

5 AZALEA DRIVE Sold Prices

Land registry data shows four sales for 5 AZALEA 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 Cheltenham local authority area for the corresponding sale date. All of the four 5 AZALEA 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
2018 14 DEC	£440,000	£498,149	12% below HPI
2004 8 APR	£224,000	£282,351	21% below HPI
1997 6 JUN	£105,000	£116,009	9% below HPI
1995 2 MAY	£85,000	£101,555	16% below HPI

5 AZALEA 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 four 5 AZALEA DRIVE sales between May 1995 and December 2018 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 April 2004 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the December 2018 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 5 AZALEA DRIVE?

5 AZALEA DRIVE is 104m², which includes three extensions, according to the EPC inspection conducted in October 2018. This puts it in the smallest 30% of detached houses in Cheltenham, based on EPC data. The below chart shows the distribution of detached houses by size in Cheltenham, and where 5 AZALEA DRIVE lies on this distribution: 28% of detached houses are smaller than 5 AZALEA DRIVE, and 71% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

5 AZALEA DRIVE: Plot and Title Map

5 AZALEA DRIVE sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 5 AZALEA 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 5 AZALEA 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 5 AZALEA DRIVE?

5 AZALEA DRIVE is located in UP HATHERLEY, in the GL51 postcode district. The below map shows the position of No. 5 on AZALEA DRIVE.