2, OAKWOOD DRIVE, HUCCLECOTE, GLOUCESTER, GL3 3JF - £287,000

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

2 OAKWOOD DRIVE is a small detached house of 96m², built sometime between 1950 and 1966. It was last sold for £287,000 in June 2018, which was around 10% below the average June 2018 detached price in the Gloucester local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

2 OAKWOOD DRIVE Sold Prices

Land registry data shows three sales for 2 OAKWOOD 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 Gloucester local authority area for the corresponding sale date. All of the three 2 OAKWOOD 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
2018 21 JUN	£287,000	£317,893	10% below HPI
2013 11 OCT	£218,000	£226,585	4% below HPI
2013 1 MAR	£165,000	£220,058	25% below HPI

2 OAKWOOD DRIVE 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 2 OAKWOOD DRIVE sales between March 2013 and June 2018 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 October 2013 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the June 2018 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 2 OAKWOOD DRIVE be worth now?

2 OAKWOOD DRIVE might now be worth an estimated £380,111.

This is based on house price inflation of 32.4%, between June 2018 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 32.4% inflationary increase is applied to the most recent sale price for 2 OAKWOOD DRIVE of £287,000 on 21st June 2018. For the value to have increased from £287,000 to £380,111 over the five years and six months to December 2024, the following assumptions must hold true:

• The value of 2 OAKWOOD DRIVE has moved in line with the HPI for detached houses in the Gloucester local authority area.
• The June 2018 sale price of £287,000 represented a fair market value for the property.
• The size, condition, and specification of 2 OAKWOOD DRIVE has not materially changed since June 2018.

How Large is 2 OAKWOOD DRIVE?

2 OAKWOOD DRIVE is 96m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 30% 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 2 OAKWOOD DRIVE lies on this distribution: 29% of detached houses houses are smaller than 2 OAKWOOD DRIVE, and 70% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

2 OAKWOOD DRIVE: Plot and Title Map

2 OAKWOOD DRIVE sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 2 OAKWOOD 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 2 OAKWOOD 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 2 OAKWOOD DRIVE?

2 OAKWOOD DRIVE is located in HUCCLECOTE, in the GL3 postcode district. The below map shows the position of No. 2 on OAKWOOD DRIVE.