Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
71 SOUTHGATE DRIVE is a small extended detached house of 115m², built sometime between 1976 and 1982. It was last sold for £612,500 in February 2021, which was around 15% above the average February 2021 detached price in the Cheltenham local authority area. The most recent EPC inspection was August 2020, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows two sales for 71 SOUTHGATE DRIVE since 1st 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 71 SOUTHGATE DRIVE sales were for above 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 5 FEB | £612,500 | £532,981 | 15% above HPI |
1995 20 FEB | £112,000 | £97,504 | 15% above HPI |
The below graph shows the average detached house price in the Cheltenham local authority area over time, sourced from the HPI. The two 71 SOUTHGATE DRIVE sales from February 1995 and February 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 February 1995 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the February 2021 sale, which was also at 15% above the HPI.
71 SOUTHGATE DRIVE is 115m², which includes two extensions, according to the EPC inspection conducted in August 2020. This puts it in the smallest 40% of detached houses in Cheltenham, based on EPC data. The below chart shows the distribution of detached houses by size in Cheltenham, and where 71 SOUTHGATE DRIVE lies on this distribution: 40% of detached houses are smaller than 71 SOUTHGATE DRIVE, and 59% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.
71 SOUTHGATE DRIVE sits on a plot of roughly 0.167 of an acre, or 675m². The below map shows the location of 71 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 71 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.
71 SOUTHGATE DRIVE is located in CHELTENHAM, in the GL53 postcode district. The below map shows the position of No. 71 on SOUTHGATE DRIVE.