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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

6 OAKBROOK DRIVE is a very small detached house of 77m², built sometime between 1950 and 1966, which could now be worth an estimated £431,690. It was last sold for £425,000 in February 2023, which was around 32% 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	£620,953	32% below HPI
2015 16 FEB	£294,000	£403,804	27% below HPI
2014 12 MAR	£237,000	£381,919	38% 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 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the February 2023 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 6 OAKBROOK DRIVE be worth now?

6 OAKBROOK DRIVE might now be worth an estimated £431,690.

This is based on house price inflation of 1.6%, between February 2023 and February 2025, for 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 1.6% inflationary increase is applied to the most recent sale price for 6 OAKBROOK DRIVE of £425,000 on 1st February 2023. For the value to have increased from £425,000 to £431,690 over the two years to February 2025, the following assumptions must hold true:

• The value of 6 OAKBROOK DRIVE has moved in line with the HPI for detached houses in the Cheltenham local authority area.
• The February 2023 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 6 OAKBROOK DRIVE has not materially changed since February 2023.

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 houses in Cheltenham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cheltenham, and where 6 OAKBROOK DRIVE lies on this distribution: 9% of detached houses 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.