12, THE OAKS, ABBEYMEAD, GLOUCESTER, GL4 5WP - £293,000

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

12 THE OAKS is a very small detached house of 81m², built sometime between 1991 and 1995. It was last sold for £293,000 in September 2021, which was around 20% below the average September 2021 detached price in the Gloucester local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was B.

12 THE OAKS Sold Prices

Land registry data shows five sales for 12 THE OAKS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Gloucester local authority area for the corresponding sale date. All of the five 12 THE OAKS 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
2021 6 SEP	£293,000	£365,507	20% below HPI
2010 14 MAY	£193,950	£215,591	10% below HPI
2006 30 OCT	£188,000	£234,715	20% below HPI
2000 15 DEC	£100,000	£122,215	18% below HPI
1997 2 MAY	£70,000	£78,015	10% below HPI

12 THE OAKS 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 five 12 THE OAKS sales between May 1997 and September 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 May 2010 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the September 2021 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 12 THE OAKS be worth now?

12 THE OAKS might now be worth an estimated £337,506.

This is based on house price inflation of 15.2%, between September 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 15.2% inflationary increase is applied to the most recent sale price for 12 THE OAKS of £293,000 on 6th September 2021. For the value to have increased from £293,000 to £337,506 over the two years and nine months to December 2024, the following assumptions must hold true:

• The value of 12 THE OAKS has moved in line with the HPI for detached houses in the Gloucester local authority area.
• The September 2021 sale price of £293,000 represented a fair market value for the property.
• The size, condition, and specification of 12 THE OAKS has not materially changed since September 2021.

How Large is 12 THE OAKS?

12 THE OAKS is 81m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 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 12 THE OAKS lies on this distribution: 13% of detached houses houses are smaller than 12 THE OAKS, and 86% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

12 THE OAKS: Plot and Title Map

12 THE OAKS sits on a plot of roughly 0.051 of an acre, or 207m². The below map shows the location of 12 THE OAKS, 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 12 THE OAKS). 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 12 THE OAKS?

12 THE OAKS is located in ABBEYMEAD, in the GL4 postcode district. The below map shows the position of No. 12 on THE OAKS.