5, THE OAKS, ABBEYMEAD, GLOUCESTER, GL4 5WP - £179,950

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

5 THE OAKS is a midsized detached house of 114m², built sometime between 1996 and 2002. It was last sold for £179,950 in May 2003, which was around 10% below the average May 2003 detached price in the Gloucester local authority area. The most recent EPC inspection was October 2014, where the current energy rating was C, and the potential energy rating was B.

5 THE OAKS Sold Prices

Land registry data shows three sales for 5 THE OAKS 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. Two of the three 5 THE OAKS sales were for below the average price, whilst one was for above 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
2003 30 MAY	£179,950	£199,645	10% below HPI
1999 11 JUN	£97,000	£98,841	2% below HPI
1996 27 SEP	£86,995	£78,934	10% above HPI

5 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 three 5 THE OAKS sales between September 1996 and May 2003 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 1999 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the May 2003 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 5 THE OAKS?

5 THE OAKS is 114m² according to the EPC inspection conducted in October 2014. This puts it in the largest 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 5 THE OAKS lies on this distribution: 50% of detached houses are smaller than 5 THE OAKS, and 49% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

5 THE OAKS: Plot and Title Map

5 THE OAKS sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 5 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 5 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 5 THE OAKS?

5 THE OAKS is located in ABBEYMEAD, in the GL4 postcode district. The below map shows the position of No. 5 on THE OAKS.