Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
48 THE OAKS is a midsized detached house of 111m², built sometime between 1996 and 2002. It was last sold for £281,500 in November 2018, which was around 16% below the average November 2018 detached price in the Gloucester local authority area. The most recent EPC inspection was June 2010, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 48 THE OAKS since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Gloucester local authority area for the corresponding sale date. Most of the four 48 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 |
---|---|---|---|
2018 20 NOV | £281,500 | £336,082 | 16% below HPI |
2010 2 SEP | £223,000 | £234,782 | 5% below HPI |
2003 9 DEC | £181,500 | £204,402 | 11% below HPI |
1998 26 JUN | £91,995 | £88,572 | 4% above HPI |
The below graph shows the average detached house price in the Gloucester local authority area over time, sourced from the HPI. The four 48 THE OAKS sales between June 1998 and November 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 September 2010 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the November 2018 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.
48 THE OAKS is 111m² according to the EPC inspection conducted in June 2010. This puts it in the smallest 50% of detached houses in Gloucester, based on EPC data. The below chart shows the distribution of detached houses by size in Gloucester, and where 48 THE OAKS lies on this distribution: 47% of detached houses are smaller than 48 THE OAKS, and 53% of houses are larger. Note that EPC data is not available for all properties in Gloucester.
48 THE OAKS sits on a plot of roughly 0.056 of an acre, or 228m². The below map shows the location of 48 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 48 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.
48 THE OAKS is located in ABBEYMEAD, in the GL4 postcode district. The below map shows the position of No. 48 on THE OAKS.