38, CLEEVELANDS DRIVE, CHELTENHAM, GL50 4QB - £345,000

38 CLEEVELANDS DRIVE is a very small detached house of 89m², built sometime between 1983 and 1990. It was last sold for £345,000 in January 2017, which was around 22% below the average January 2017 detached price in the Cheltenham local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

38 CLEEVELANDS DRIVE Sold Prices

Land registry data shows two sales for 38 CLEEVELANDS 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. Both of the two 38 CLEEVELANDS 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
2017 6 JAN	£345,000	£442,551	22% below HPI
2007 2 NOV	£271,000	£359,168	25% below HPI

38 CLEEVELANDS 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 38 CLEEVELANDS DRIVE sales from November 2007 and January 2017 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 2007 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the January 2017 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 38 CLEEVELANDS DRIVE?

38 CLEEVELANDS DRIVE is 89m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 20% of detached houses in Cheltenham, based on EPC data. The below chart shows the distribution of detached houses by size in Cheltenham, and where 38 CLEEVELANDS DRIVE lies on this distribution: 16% of detached houses are smaller than 38 CLEEVELANDS DRIVE, and 84% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

38 CLEEVELANDS DRIVE: Plot and Title Map

38 CLEEVELANDS DRIVE sits on a plot of roughly 0.102 of an acre, or 412m². The below map shows the location of 38 CLEEVELANDS 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 38 CLEEVELANDS 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 38 CLEEVELANDS DRIVE?

38 CLEEVELANDS DRIVE is located in CHELTENHAM, in the GL50 postcode district. The below map shows the position of No. 38 on CLEEVELANDS DRIVE.