2, MORLANDS DRIVE, CHARLTON KINGS, CHELTENHAM, GL53 8LP - £540,000

2 MORLANDS DRIVE is a small extended detached house of 108m², built sometime between 1983 and 1990. It was last sold for £540,000 in April 2021, which was about the average April 2021 detached price in the Cheltenham local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was C.

2 MORLANDS DRIVE Sold Prices

Land registry data shows two sales for 2 MORLANDS 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 Cheltenham local authority area for the corresponding sale date. One of the two 2 MORLANDS DRIVE sales was roughly equal to the average price, whilst the other was 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
2021 6 APR	£540,000	£537,328	Close to HPI
2003 31 OCT	£295,000	£267,286	10% above HPI

2 MORLANDS 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 two 2 MORLANDS DRIVE sales from October 2003 and April 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 October 2003 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the April 2021 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 2 MORLANDS DRIVE?

2 MORLANDS DRIVE is 108m², which includes one extension, according to the EPC inspection conducted in August 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 MORLANDS DRIVE lies on this distribution: 31% of detached houses are smaller than 2 MORLANDS DRIVE, and 67% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

2 MORLANDS DRIVE: Plot and Title Map

2 MORLANDS DRIVE sits on a plot of roughly 0.132 of an acre, or 535m². The below map shows the location of 2 MORLANDS 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 MORLANDS 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 MORLANDS DRIVE?

2 MORLANDS DRIVE is located in CHARLTON KINGS, in the GL53 postcode district. The below map shows the position of No. 2 on MORLANDS DRIVE.