8, RICARDO DRIVE, DURSLEY, GL11 5BD - £241,000

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 RICARDO DRIVE is a small detached house of 91m², which could now be worth an estimated £358,925. It was last sold for £241,000 in May 2015, which was around 34% below the average May 2015 detached price in the Stroud local authority area. The most recent EPC inspection was November 2010, where the current energy rating was B, and the potential energy rating was B.

8 RICARDO DRIVE Sold Prices

Land registry data shows two sales for 8 RICARDO DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Stroud local authority area for the corresponding sale date. Both of the two 8 RICARDO 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
2015 5 MAY	£241,000	£362,573	34% below HPI
2010 22 DEC	£207,500	£322,530	36% below HPI

8 RICARDO DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Stroud local authority area over time, sourced from the HPI. The two 8 RICARDO DRIVE sales from December 2010 and May 2015 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 December 2010 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the May 2015 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 8 RICARDO DRIVE be worth now?

8 RICARDO DRIVE might now be worth an estimated £358,925.

This is based on house price inflation of 48.9%, between May 2015 and February 2025, for detached houses, in the Stroud local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 48.9% inflationary increase is applied to the most recent sale price for 8 RICARDO DRIVE of £241,000 on 5th May 2015. For the value to have increased from £241,000 to £358,925 over the ten years and three months to February 2025, the following assumptions must hold true:

• The value of 8 RICARDO DRIVE has moved in line with the HPI for detached houses in the Stroud local authority area.
• The May 2015 sale price of £241,000 represented a fair market value for the property.
• The size, condition, and specification of 8 RICARDO DRIVE has not materially changed since May 2015.

How Large is 8 RICARDO DRIVE?

8 RICARDO DRIVE is 91m² according to the EPC inspection conducted in November 2010. This puts it in the smallest 30% of detached houses houses in Dursley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Dursley, and where 8 RICARDO DRIVE lies on this distribution: 23% of detached houses houses are smaller than 8 RICARDO DRIVE, and 77% of houses are larger. Note that EPC data is not available for all properties in Dursley.

8 RICARDO DRIVE: Plot and Title Map

8 RICARDO DRIVE sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of 8 RICARDO 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 RICARDO 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 RICARDO DRIVE?

8 RICARDO DRIVE is located in DURSLEY, in the GL11 postcode district. The below map shows the position of No. 8 on RICARDO DRIVE.