3, OAKBROOK DRIVE, THE REDDINGS, CHELTENHAM, GL51 6SB - £178,500

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

3 OAKBROOK DRIVE is a very small extended semi-detached house of 75m². It was last sold for £178,500 in June 2013, which was around 20% below the average June 2013 semi-detached price in the Cheltenham local authority area. The most recent EPC inspection was October 2009, where the current energy rating was F, and the potential energy rating was C.

3 OAKBROOK DRIVE Sold Prices

Land registry data shows two sales for 3 OAKBROOK DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Cheltenham local authority area for the corresponding sale date. Both of the two 3 OAKBROOK 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
2013 28 JUN	£178,500	£222,566	20% below HPI
2004 26 JUN	£176,000	£181,487	3% below HPI

3 OAKBROOK DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Cheltenham local authority area over time, sourced from the HPI. The two 3 OAKBROOK DRIVE sales from June 2004 and June 2013 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 June 2004 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the June 2013 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 3 OAKBROOK DRIVE be worth now?

3 OAKBROOK DRIVE might now be worth an estimated £320,166.

This is based on house price inflation of 79.4%, between June 2013 and December 2024, for semi-detached houses, in the Cheltenham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 79.4% inflationary increase is applied to the most recent sale price for 3 OAKBROOK DRIVE of £178,500 on 28th June 2013. For the value to have increased from £178,500 to £320,166 over the ten years and six months to December 2024, the following assumptions must hold true:

• The value of 3 OAKBROOK DRIVE has moved in line with the HPI for semi-detached houses in the Cheltenham local authority area.
• The June 2013 sale price of £178,500 represented a fair market value for the property.
• The size, condition, and specification of 3 OAKBROOK DRIVE has not materially changed since June 2013.

How Large is 3 OAKBROOK DRIVE?

3 OAKBROOK DRIVE is 75m², which includes one extension, according to the EPC inspection conducted in October 2009. This puts it in the smallest 10% of semi-detached houses houses in Cheltenham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Cheltenham, and where 3 OAKBROOK DRIVE lies on this distribution: 8% of semi-detached houses houses are smaller than 3 OAKBROOK DRIVE, and 92% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

3 OAKBROOK DRIVE: Plot and Title Map

3 OAKBROOK DRIVE sits on a plot of roughly 0.045 of an acre, or 184m². The below map shows the location of 3 OAKBROOK 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 3 OAKBROOK 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 3 OAKBROOK DRIVE?

3 OAKBROOK DRIVE is located in THE REDDINGS, in the GL51 postcode district. The below map shows the position of No. 3 on OAKBROOK DRIVE.