7, THE OAKS, UP HATHERLEY, CHELTENHAM, GL51 3TS - £615,000

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

7 THE OAKS is a midsized detached house of 116m², built sometime between 1967 and 1975. It was last sold for £615,000 in January 2019, which was around 26% above the average January 2019 detached price in the Cheltenham local authority area. The most recent EPC inspection was July 2018, where the current energy rating was E, and the potential energy rating was B.

7 THE OAKS Sold Prices

Land registry data shows four sales for 7 THE OAKS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cheltenham local authority area for the corresponding sale date. All of the four 7 THE OAKS sales were 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
2019 11 JAN	£615,000	£486,846	26% above HPI
2005 24 JUN	£350,000	£305,366	15% above HPI
2001 11 SEP	£260,000	£208,631	25% above HPI
1999 8 JAN	£176,000	£136,662	29% above HPI

7 THE OAKS 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 four 7 THE OAKS sales between January 1999 and January 2019 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 2005 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the January 2019 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is 7 THE OAKS?

7 THE OAKS is 116m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 50% of detached houses in Cheltenham, based on EPC data. The below chart shows the distribution of detached houses by size in Cheltenham, and where 7 THE OAKS lies on this distribution: 41% of detached houses are smaller than 7 THE OAKS, and 58% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

7 THE OAKS: Plot and Title Map

7 THE OAKS sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of 7 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 7 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 7 THE OAKS?

7 THE OAKS is located in UP HATHERLEY, in the GL51 postcode district. The below map shows the position of No. 7 on THE OAKS.