11, NORWICH DRIVE, CHELTENHAM, GL51 3HD - £347,000

11 NORWICH DRIVE is a very small detached house of 68m², built sometime between 1950 and 1966. It was last sold for £347,000 in September 2021, which was around 37% below the average September 2021 detached price in the Cheltenham local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was B.

11 NORWICH DRIVE Sold Prices

Land registry data shows four sales for 11 NORWICH DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cheltenham local authority area for the corresponding sale date. All of the four 11 NORWICH 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
2021 30 SEP	£347,000	£552,271	37% below HPI
2016 2 MAR	£265,000	£427,938	38% below HPI
2005 14 JUL	£226,500	£310,272	27% below HPI
2003 11 APR	£157,500	£264,908	41% below HPI

11 NORWICH DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cheltenham local authority area over time, sourced from the HPI. The four 11 NORWICH DRIVE sales between April 2003 and September 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 March 2016 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the September 2021 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 11 NORWICH DRIVE?

11 NORWICH DRIVE is 68m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 10% of detached houses in Cheltenham, based on EPC data. The below chart shows the distribution of detached houses by size in Cheltenham, and where 11 NORWICH DRIVE lies on this distribution: 5% of detached houses are smaller than 11 NORWICH DRIVE, and 95% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

11 NORWICH DRIVE: Plot and Title Map

11 NORWICH DRIVE sits on a plot of roughly 0.095 of an acre, or 383m². The below map shows the location of 11 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 11 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 11 NORWICH DRIVE?

11 NORWICH DRIVE is located in CHELTENHAM, in the GL51 postcode district. The below map shows the position of No. 11 on NORWICH DRIVE.