71, BROAD OAK WAY, CHELTENHAM, GL51 3LL - £170,000

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.

71 BROAD OAK WAY is a very small semi-detached house of 74m², built sometime between 1983 and 1990, which could now be worth an estimated £274,281. It was last sold for £170,000 in February 2015, which was around 31% below the average February 2015 semi-detached price in the Cheltenham local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was C.

71 BROAD OAK WAY Sold Prices

Land registry data shows three sales for 71 BROAD OAK WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Cheltenham local authority area for the corresponding sale date. All of the three 71 BROAD OAK WAY 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
2015 10 FEB	£170,000	£247,374	31% below HPI
2008 28 MAR	£162,000	£216,316	25% below HPI
1998 1 MAY	£59,995	£78,005	23% below HPI

71 BROAD OAK WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Cheltenham local authority area over time, sourced from the HPI. The three 71 BROAD OAK WAY sales between May 1998 and February 2015 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 March 2008 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the February 2015 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 71 BROAD OAK WAY be worth now?

71 BROAD OAK WAY might now be worth an estimated £274,281.

This is based on house price inflation of 61.3%, between February 2015 and February 2025, for semi-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 61.3% inflationary increase is applied to the most recent sale price for 71 BROAD OAK WAY of £170,000 on 10th February 2015. For the value to have increased from £170,000 to £274,281 over the ten years to February 2025, the following assumptions must hold true:

• The value of 71 BROAD OAK WAY has moved in line with the HPI for semi-detached houses in the Cheltenham local authority area.
• The February 2015 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 71 BROAD OAK WAY has not materially changed since February 2015.

How Large is 71 BROAD OAK WAY?

71 BROAD OAK WAY is 74m² according to the EPC inspection conducted in February 2011. This puts it in the smallest 10% of semi-detached houses houses in Cheltenham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Cheltenham, and where 71 BROAD OAK WAY lies on this distribution: 7% of semi-detached houses houses are smaller than 71 BROAD OAK WAY, and 93% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

71 BROAD OAK WAY: Plot and Title Map

71 BROAD OAK WAY sits on a plot of roughly 0.038 of an acre, or 155m². The below map shows the location of 71 BROAD OAK WAY, 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 71 BROAD OAK WAY). 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 71 BROAD OAK WAY?

71 BROAD OAK WAY is located in CHELTENHAM, in the GL51 postcode district. The below map shows the position of No. 71 on BROAD OAK WAY.