8, NORWICH DRIVE, CHELTENHAM, GL51 3HE - £430,000

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.

8 NORWICH DRIVE is a very small semi-detached house of 77m², built sometime between 1950 and 1966, which could now be worth an estimated £429,408. It was last sold for £430,000 in November 2022, which was around 8% above the average November 2022 semi-detached price in the Cheltenham local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.

8 NORWICH DRIVE Sold Prices

Land registry data shows five sales for 8 NORWICH DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Cheltenham local authority area for the corresponding sale date. Most of the five 8 NORWICH 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
2022 4 NOV	£430,000	£399,668	8% above HPI
2013 1 NOV	£245,000	£227,073	8% above HPI
2004 28 MAY	£186,000	£177,413	5% above HPI
2002 8 MAR	£136,000	£131,430	3% above HPI
2000 14 JUL	£82,000	£106,892	23% below HPI

8 NORWICH 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 five 8 NORWICH DRIVE sales between July 2000 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 2013 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the November 2022 sale, which was also at 8% above the HPI.

What might 8 NORWICH DRIVE be worth now?

8 NORWICH DRIVE might now be worth an estimated £429,408.

This is based on house price deflation of 0.1%, between November 2022 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 0.1% deflationary decrease is applied to the most recent sale price for 8 NORWICH DRIVE of £430,000 on 4th November 2022. For the value to have decreased from £430,000 to £429,408 over the three years and nine months to February 2025, the following assumptions must hold true:

• The value of 8 NORWICH DRIVE has moved in line with the HPI for semi-detached houses in the Cheltenham local authority area.
• The November 2022 sale price of £430,000 represented a fair market value for the property.
• The size, condition, and specification of 8 NORWICH DRIVE has not materially changed since November 2022.

How Large is 8 NORWICH DRIVE?

8 NORWICH DRIVE is 77m² according to the EPC inspection conducted in August 2013. 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 8 NORWICH DRIVE lies on this distribution: 9% of semi-detached houses houses are smaller than 8 NORWICH DRIVE, and 91% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

8 NORWICH DRIVE: Plot and Title Map

8 NORWICH DRIVE sits on a plot of roughly 0.058 of an acre, or 233m². The below map shows the location of 8 NORWICH 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 NORWICH 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 8 NORWICH DRIVE?

8 NORWICH DRIVE is located in CHELTENHAM, in the GL51 postcode district. The below map shows the position of No. 8 on NORWICH DRIVE.