118, BROAD OAK WAY, CHELTENHAM, GL51 3LL - £192,500

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

118 BROAD OAK WAY is a very small extended detached house of 82m², built sometime between 1983 and 1990. It was last sold for £192,500 in November 2009, which was around 40% below the average November 2009 detached price in the Cheltenham local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was C.

118 BROAD OAK WAY Sold Prices

Land registry data shows four sales for 118 BROAD OAK WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cheltenham local authority area for the corresponding sale date. All of the four 118 BROAD OAK WAY 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
2009 12 NOV	£192,500	£318,280	40% below HPI
2002 27 SEP	£166,950	£258,289	35% below HPI
2002 30 AUG	£155,000	£249,309	38% below HPI
1997 20 JUN	£72,000	£116,009	38% below HPI

118 BROAD OAK WAY 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 four 118 BROAD OAK WAY sales between June 1997 and November 2009 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 2002 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the November 2009 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 118 BROAD OAK WAY?

118 BROAD OAK WAY is 82m², which includes one extension, according to the EPC inspection conducted in September 2020. 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 118 BROAD OAK WAY lies on this distribution: 11% of detached houses are smaller than 118 BROAD OAK WAY, and 88% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

118 BROAD OAK WAY: Plot and Title Map

118 BROAD OAK WAY sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 118 BROAD OAK WAY, 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 118 BROAD OAK WAY). 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 118 BROAD OAK WAY?

118 BROAD OAK WAY is located in CHELTENHAM, in the GL51 postcode district. The below map shows the position of No. 118 on BROAD OAK WAY.