2 Broad Oak Way, Cheltenham, GL51 3LG is a leasehold flat built between 1967-1975. The property offers approximately 678 square feet of living space. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £174,512 , which equates to approximately £257 per square foot. It was last sold on 7 Nov 2017 for £149,950. Since then, the value has increased by £24,562, representing a 16.4% increase, or approximately 2.0% per year.

The current estimated value of £174,512 is:

  • 42.5% lower than the average property price on Broad Oak Way
  • 37.5% lower than the average in the GL51 3LG postcode area
  • and 58.7% lower than the average price for Cheltenham as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 6 November 2014, the property was recorded as owner-occupied.

View sold house prices in GL51 3LG

Building approximate location

About Property

Type
Flat
Built
1967-1975
Interior Size
678 sq ft
Tenure
Leasehold
Price (estimate)
£174,512
Price Per sq ft (estimate)
£257
Bedroom Count (estimate)
2 bedrooms

EPC Summary

2 Broad Oak Way, Cheltenham, Gloucestershire, GL51 3LG has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 6 Nov 2014.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 15 May 2014, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 5.6%.

Since the previous assessment, several changes were observed:

  • The wall construction or insulation changed from cavity wall, as built, partial insulation (assumed) to cavity wall, as built, no insulation (assumed), changing energy efficiency from average to poor.
  • The lighting was updated from low energy lighting in 86% of fixed outlets to low energy lighting in 23% of fixed outlets, with efficiency changing from very good to poor.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Very Good
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 23% of fixed outlets
Poor

Compared to GL51 3LG

47 th / 56
Price Rank
37% lower than average
42 nd / 43
Size Rank
21% smaller than average
34 th / 43
Price Per Sq FT Rank
21% lower than average

Compared to other properties in GL51 3LG , this flat's estimated value ranks 47th out of 56. Based on price per square foot, it ranks 34th out of 43 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 42th out of 43 properties in its postcode area.

Sale History

Today
£174,512
streetscan.co.uk estimate
+16 %
7 Nov 2017
£149,950
Leasehold
+8.7 %
25 Jul 2014
£138,000
Leasehold
+20 %
26 May 2006
£115,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 614 sq ft
sale price: £162,500
sale date: 10 Dec 2024
rooms: 3
size: 678 sq ft
sale price: £155,888
sale date: 20 Aug 2021
rooms: 3
size: 764 sq ft
sale price: £155,000
sale date: 18 Dec 2020
rooms: 3
size: 764 sq ft
sale price: £143,000
sale date: 25 Sep 2020
rooms: 3
size: 678 sq ft
sale price: £139,995
sale date: 31 Aug 2016

Data Sources

The property at 2 Broad Oak Way, Cheltenham, GL51 3LG appears three times in the Land Registry records, with the latest transaction recorded on 7 Nov 2017. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 6 Nov 2014. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.