1A, LAUREL DRIVE, PRESTBURY, CHELTENHAM, GL52 3DE - £300,000

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.

1A LAUREL DRIVE is a very small detached house of 63m², built sometime between 1950 and 1966, which could now be worth an estimated £337,482. It was last sold for £300,000 in August 2021, which was around 46% below the average August 2021 detached price in the Cheltenham local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was B.

1A LAUREL DRIVE Sold Prices

Land registry data shows three sales for 1A LAUREL DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cheltenham local authority area for the corresponding sale date. All of the three 1A LAUREL 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 6 AUG	£300,000	£555,675	46% below HPI
2009 18 NOV	£229,000	£328,468	30% below HPI
2004 21 DEC	£225,000	£306,547	27% below HPI

1A LAUREL 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 three 1A LAUREL DRIVE sales between December 2004 and August 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 November 2009 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the August 2021 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

What might 1A LAUREL DRIVE be worth now?

1A LAUREL DRIVE might now be worth an estimated £337,482.

This is based on house price inflation of 12.5%, between August 2021 and June 2025, for 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 12.5% inflationary increase is applied to the most recent sale price for 1A LAUREL DRIVE of £300,000 on 6th August 2021. For the value to have increased from £300,000 to £337,482 over the four years and two months to June 2025, the following assumptions must hold true:

• The value of 1A LAUREL DRIVE has moved in line with the HPI for detached houses in the Cheltenham local authority area.
• The August 2021 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 1A LAUREL DRIVE has not materially changed since August 2021.

How Large is 1A LAUREL DRIVE?

1A LAUREL DRIVE is 63m² according to the EPC inspection conducted in October 2020. This puts it in the smallest 10% of detached houses houses in Prestbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Prestbury, and where 1A LAUREL DRIVE lies on this distribution: 1% of detached houses houses are smaller than 1A LAUREL DRIVE, and 98% of houses are larger. Note that EPC data is not available for all properties in Prestbury.

1A LAUREL DRIVE: Plot and Title Map

1A LAUREL DRIVE sits on a plot of roughly 0.108 of an acre, or 438m². The below map shows the location of 1A LAUREL 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 1A LAUREL 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 1A LAUREL DRIVE?

1A LAUREL DRIVE is located in PRESTBURY, in the GL52 postcode district. The below map shows the position of No. 1A on LAUREL DRIVE.