6, SPRINGBANK DRIVE, CHELTENHAM, GL51 0PF - £193,000

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.

6 SPRINGBANK DRIVE is a very small extended semi-detached house of 56m², built sometime between 1967 and 1975, which could now be worth an estimated £287,179. It was last sold for £193,000 in February 2016, which was around 28% below the average February 2016 semi-detached price in the Cheltenham local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was C.

6 SPRINGBANK DRIVE Sold Prices

Land registry data shows two sales for 6 SPRINGBANK DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Cheltenham local authority area for the corresponding sale date. Both of the two 6 SPRINGBANK 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
2016 19 FEB	£193,000	£268,229	28% below HPI
2011 29 NOV	£157,000	£217,585	28% below HPI

6 SPRINGBANK 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 two 6 SPRINGBANK DRIVE sales from November 2011 and February 2016 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 2011 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the February 2016 sale, which was also at 28% below the HPI.

What might 6 SPRINGBANK DRIVE be worth now?

6 SPRINGBANK DRIVE might now be worth an estimated £287,179.

This is based on house price inflation of 48.8%, between February 2016 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 48.8% inflationary increase is applied to the most recent sale price for 6 SPRINGBANK DRIVE of £193,000 on 19th February 2016. For the value to have increased from £193,000 to £287,179 over the nine years to February 2025, the following assumptions must hold true:

• The value of 6 SPRINGBANK DRIVE has moved in line with the HPI for semi-detached houses in the Cheltenham local authority area.
• The February 2016 sale price of £193,000 represented a fair market value for the property.
• The size, condition, and specification of 6 SPRINGBANK DRIVE has not materially changed since February 2016.

How Large is 6 SPRINGBANK DRIVE?

6 SPRINGBANK DRIVE is 56m², which includes one extension, according to the EPC inspection conducted in February 2011. This puts it in the smallest 10% 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 6 SPRINGBANK DRIVE lies on this distribution: 2% of semi-detached houses houses are smaller than 6 SPRINGBANK DRIVE, and 98% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

6 SPRINGBANK DRIVE: Plot and Title Map

6 SPRINGBANK DRIVE sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 6 SPRINGBANK 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 6 SPRINGBANK 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 6 SPRINGBANK DRIVE?

6 SPRINGBANK DRIVE is located in CHELTENHAM, in the GL51 postcode district. The below map shows the position of No. 6 on SPRINGBANK DRIVE.