6, OAKBROOK DRIVE, THE REDDINGS, CHELTENHAM, GL51 6SB - £425,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

6 OAKBROOK DRIVE is a very small detached house of 77m², built sometime between 1950 and 1966. It was last sold for £425,000 in February 2023, which was around 29% below the average February 2023 detached price in the Cheltenham local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was B.

6 OAKBROOK DRIVE Sold Prices

Land registry data shows three sales for 6 OAKBROOK 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 Cheltenham local authority area for the corresponding sale date. All of the three 6 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
2023 1 FEB	£425,000	£601,693	29% below HPI
2015 16 FEB	£294,000	£391,280	25% below HPI
2014 12 MAR	£237,000	£370,073	36% below HPI

6 OAKBROOK DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cheltenham local authority area over time, sourced from the HPI. The three 6 OAKBROOK DRIVE sales between March 2014 and February 2023 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 February 2015 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the February 2023 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 6 OAKBROOK DRIVE?

6 OAKBROOK DRIVE is 77m² according to the EPC inspection conducted in December 2013. This puts it in the smallest 10% of detached houses in Cheltenham, based on EPC data. The below chart shows the distribution of detached houses by size in Cheltenham, and where 6 OAKBROOK DRIVE lies on this distribution: 9% of detached houses are smaller than 6 OAKBROOK DRIVE, and 91% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

6 OAKBROOK DRIVE: Plot and Title Map

6 OAKBROOK DRIVE sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 6 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 6 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 6 OAKBROOK DRIVE?

6 OAKBROOK DRIVE is located in THE REDDINGS, in the GL51 postcode district. The below map shows the position of No. 6 on OAKBROOK DRIVE.