FAIRBANKS, OAKLEY ROAD, BATTLEDOWN, CHELTENHAM, GL52 6PA - £700,000

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.

FAIRBANKS is a very large extended detached house of 209m², built sometime between 1950 and 1966, which could now be worth an estimated £1,272,263. It was last sold for £700,000 in May 2010, which was around 102% above the average May 2010 detached price in the Cheltenham local authority area. The most recent EPC inspection was July 2009, where the current energy rating was E, and the potential energy rating was C.

FAIRBANKS Sold Prices

Land registry data shows two sales for FAIRBANKS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cheltenham local authority area for the corresponding sale date. Both of the two FAIRBANKS 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
2010 26 MAY	£700,000	£347,027	102% above HPI
1999 22 OCT	£318,000	£164,034	94% above HPI

FAIRBANKS 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 two FAIRBANKS sales from October 1999 and May 2010 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 October 1999 sale was for 94% above the HPI. So the extrapolation line tracks at 94% above the HPI over time, until the May 2010 sale, where it rises to 102% above the HPI. The line then continues to track at 102% above the HPI.

What might FAIRBANKS be worth now?

FAIRBANKS might now be worth an estimated £1,272,263.

This is based on house price inflation of 81.8%, between May 2010 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 81.8% inflationary increase is applied to the most recent sale price for FAIRBANKS of £700,000 on 26th May 2010. For the value to have increased from £700,000 to £1,272,263 over the fifteen years and three months to February 2025, the following assumptions must hold true:

• The value of FAIRBANKS has moved in line with the HPI for detached houses in the Cheltenham local authority area.
• The May 2010 sale price of £700,000 represented a fair market value for the property.
• The size, condition, and specification of FAIRBANKS has not materially changed since May 2010.

How Large is FAIRBANKS?

FAIRBANKS is 209m², which includes two extensions, according to the EPC inspection conducted in July 2009. This puts it in the largest 20% 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 FAIRBANKS lies on this distribution: 89% of detached houses houses are smaller than FAIRBANKS, and 11% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

FAIRBANKS: Plot and Title Map

FAIRBANKS sits on a plot of roughly 0.493 of an acre, or 1,994m². The below map shows the location of FAIRBANKS, 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 FAIRBANKS). 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 FAIRBANKS?

FAIRBANKS is located on OAKLEY ROAD in BATTLEDOWN, in the GL52 postcode district. The below map shows the position of FAIRBANKS on OAKLEY ROAD.