1, OAKBANK, GLOUCESTER, GL4 0AZ - £465,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 OAKBANK is a very large extended detached house of 150m², built sometime between 1976 and 1982. It was last sold for £465,000 in February 2021, which was around 34% above the average February 2021 detached price in the Gloucester local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was C.

1 OAKBANK Sold Prices

Land registry data shows three sales for 1 OAKBANK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gloucester local authority area for the corresponding sale date. All of the three 1 OAKBANK sales were 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 10 FEB	£465,000	£345,958	34% above HPI
2001 14 SEP	£214,000	£136,743	56% above HPI
1997 23 DEC	£130,000	£82,978	57% above HPI

1 OAKBANK Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gloucester local authority area over time, sourced from the HPI. The three 1 OAKBANK sales between December 1997 and February 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 2001 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the February 2021 sale, where it falls to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might 1 OAKBANK be worth now?

1 OAKBANK might now be worth an estimated £565,900.

This is based on house price inflation of 21.7%, between February 2021 and December 2024, for detached houses, in the Gloucester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21.7% inflationary increase is applied to the most recent sale price for 1 OAKBANK of £465,000 on 10th February 2021. For the value to have increased from £465,000 to £565,900 over the two years and two months to December 2024, the following assumptions must hold true:

• The value of 1 OAKBANK has moved in line with the HPI for detached houses in the Gloucester local authority area.
• The February 2021 sale price of £465,000 represented a fair market value for the property.
• The size, condition, and specification of 1 OAKBANK has not materially changed since February 2021.

How Large is 1 OAKBANK?

1 OAKBANK is 150m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the largest 20% of detached houses houses in Gloucester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gloucester, and where 1 OAKBANK lies on this distribution: 84% of detached houses houses are smaller than 1 OAKBANK, and 16% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

1 OAKBANK: Plot and Title Map

1 OAKBANK sits on a plot of roughly 0.220 of an acre, or 889m². The below map shows the location of 1 OAKBANK, 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 1 OAKBANK). 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 1 OAKBANK?

1 OAKBANK is located in GLOUCESTER, in the GL4 postcode district. The below map shows the position of No. 1 on OAKBANK.