2, ARLE DRIVE, CHELTENHAM, GL51 8HT - £367,500

2 ARLE DRIVE is a small extended detached house of 109m², built sometime between 1930 and 1949. It was last sold for £367,500 in August 2021, which was around 34% below the average August 2021 detached price in the Cheltenham local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was C.

2 ARLE DRIVE Sold Prices

Land registry data shows three sales for 2 ARLE 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 2 ARLE 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 9 AUG	£367,500	£559,726	34% below HPI
2020 2 SEP	£340,000	£528,094	36% below HPI
2003 9 MAY	£159,000	£271,454	41% below HPI

2 ARLE 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 2 ARLE DRIVE sales between May 2003 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 September 2020 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the August 2021 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 2 ARLE DRIVE?

2 ARLE DRIVE is 109m², which includes one extension, according to the EPC inspection conducted in January 2020. This puts it in the smallest 40% of detached houses in Cheltenham, based on EPC data. The below chart shows the distribution of detached houses by size in Cheltenham, and where 2 ARLE DRIVE lies on this distribution: 33% of detached houses are smaller than 2 ARLE DRIVE, and 66% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

2 ARLE DRIVE: Plot and Title Map

2 ARLE DRIVE sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 2 ARLE 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 2 ARLE 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 2 ARLE DRIVE?

2 ARLE DRIVE is located in CHELTENHAM, in the GL51 postcode district. The below map shows the position of No. 2 on ARLE DRIVE.