4, MINERVA CLOSE, ABBEYMEAD, GLOUCESTER, GL4 5JD - £320,000

4 MINERVA CLOSE is a very small detached house of 78m², built sometime between 1983 and 1990. It was last sold for £320,000 in June 2023, which was around 24% below the average June 2023 detached price in the Gloucester local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was C.

4 MINERVA CLOSE Sold Prices

Land registry data shows four sales for 4 MINERVA CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Gloucester local authority area for the corresponding sale date. All of the four 4 MINERVA CLOSE 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 2 JUN	£320,000	£422,012	24% below HPI
2018 16 JUL	£245,000	£329,235	26% below HPI
2014 5 DEC	£205,000	£263,735	22% below HPI
2000 20 APR	£91,995	£115,580	20% below HPI

4 MINERVA CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gloucester local authority area over time, sourced from the HPI. The four 4 MINERVA CLOSE sales between April 2000 and June 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 July 2018 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the June 2023 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 4 MINERVA CLOSE?

4 MINERVA CLOSE is 78m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 20% of detached houses in Gloucester, based on EPC data. The below chart shows the distribution of detached houses by size in Gloucester, and where 4 MINERVA CLOSE lies on this distribution: 11% of detached houses are smaller than 4 MINERVA CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

4 MINERVA CLOSE: Plot and Title Map

4 MINERVA CLOSE sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 4 MINERVA CLOSE, 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 4 MINERVA CLOSE). 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 4 MINERVA CLOSE?

4 MINERVA CLOSE is located in ABBEYMEAD, in the GL4 postcode district. The below map shows the position of No. 4 on MINERVA CLOSE.