4, DRAKE CLOSE, CHURCHDOWN, GLOUCESTER, GL3 1NE - £315,000

4 DRAKE CLOSE is a midsized extended detached house of 102m², built sometime between 1983 and 1990. It was last sold for £315,000 in May 2019, which was around 26% below the average May 2019 detached price in the Tewkesbury local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was B.

4 DRAKE CLOSE Sold Prices

Land registry data shows two sales for 4 DRAKE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Tewkesbury local authority area for the corresponding sale date. Both of the two 4 DRAKE CLOSE 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
2019 10 MAY	£315,000	£426,707	26% below HPI
2017 1 NOV	£260,000	£403,585	36% below HPI

4 DRAKE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tewkesbury local authority area over time, sourced from the HPI. The two 4 DRAKE CLOSE sales from November 2017 and May 2019 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 2017 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the May 2019 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 4 DRAKE CLOSE?

4 DRAKE CLOSE is 102m², which includes one extension, according to the EPC inspection conducted in August 2017. This puts it in the smallest 50% of detached houses in Innsworth, based on EPC data. The below chart shows the distribution of detached houses by size in Innsworth, and where 4 DRAKE CLOSE lies on this distribution: 46% of detached houses are smaller than 4 DRAKE CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Innsworth.

4 DRAKE CLOSE: Plot and Title Map

4 DRAKE CLOSE sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 4 DRAKE CLOSE, 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 4 DRAKE CLOSE). 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 4 DRAKE CLOSE?

4 DRAKE CLOSE is located in CHURCHDOWN, in the GL3 postcode district. The below map shows the position of No. 4 on DRAKE CLOSE.