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
8 HOMECROFT DRIVE is a large extended detached house of 158m², built sometime between 1900 and 1929. It was last sold for £475,000 in October 2012, which was around 53% above the average October 2012 detached price in the Tewkesbury 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.
Land registry data shows two sales for 8 HOMECROFT DRIVE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Tewkesbury local authority area for the corresponding sale date. One of the two 8 HOMECROFT DRIVE sales was for above the average price, whilst the other was 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 |
---|---|---|---|
2012 19 OCT | £475,000 | £311,321 | 53% above HPI |
1996 17 MAY | £88,000 | £101,055 | 13% below HPI |
The below graph shows the average detached house price in the Tewkesbury local authority area over time, sourced from the HPI. The two 8 HOMECROFT DRIVE sales from May 1996 and October 2012 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 May 1996 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the October 2012 sale, where it rises to 53% above the HPI. The line then continues to track at 53% above the HPI.
8 HOMECROFT DRIVE is 158m², which includes two extensions, according to the EPC inspection conducted in February 2011. This puts it in the largest 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 8 HOMECROFT DRIVE lies on this distribution: 72% of detached houses are smaller than 8 HOMECROFT DRIVE, and 28% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.
8 HOMECROFT DRIVE sits on a plot of roughly 0.358 of an acre, or 1,447m². The below map shows the location of 8 HOMECROFT 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 8 HOMECROFT 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.
8 HOMECROFT DRIVE is located in UCKINGTON, in the GL51 postcode district. The below map shows the position of No. 8 on HOMECROFT DRIVE.