38, OVERBROOK DRIVE, CHELTENHAM, GL52 3HR - £335,000

38 OVERBROOK DRIVE is a very small extended detached house of 94m², built sometime between 1930 and 1949. It was last sold for £335,000 in September 2016, which was around 24% below the average September 2016 detached price in the Cheltenham local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was C.

38 OVERBROOK DRIVE Sold Prices

Land registry data shows three sales for 38 OVERBROOK 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 38 OVERBROOK 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
2016 30 SEP	£335,000	£440,353	24% below HPI
2012 8 JUN	£242,000	£348,211	31% below HPI
2007 16 JUL	£240,000	£342,001	30% below HPI

38 OVERBROOK 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 38 OVERBROOK DRIVE sales between July 2007 and September 2016 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 June 2012 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the September 2016 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 38 OVERBROOK DRIVE?

38 OVERBROOK DRIVE is 94m², which includes one extension, according to the EPC inspection conducted in May 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 OVERBROOK DRIVE lies on this distribution: 20% of detached houses are smaller than 38 OVERBROOK DRIVE, and 80% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

38 OVERBROOK DRIVE: Plot and Title Map

38 OVERBROOK DRIVE sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 38 OVERBROOK 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 OVERBROOK 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 OVERBROOK DRIVE?

38 OVERBROOK DRIVE is located in CHELTENHAM, in the GL52 postcode district. The below map shows the position of No. 38 on OVERBROOK DRIVE.