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
1 BURNET CLOSE is a very large extended detached house of 194m², built sometime between 1976 and 1982. It was last sold for £450,000 in October 2019, which was around 31% above the average October 2019 detached price in the Gloucester local authority area. The most recent EPC inspection was September 2015, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows two sales for 1 BURNET CLOSE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Gloucester local authority area for the corresponding sale date. Both of the two 1 BURNET CLOSE 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 8 OCT | £450,000 | £344,650 | 31% above HPI |
2015 20 NOV | £305,000 | £277,361 | 10% above HPI |
The below graph shows the average detached house price in the Gloucester local authority area over time, sourced from the HPI. The two 1 BURNET CLOSE sales from November 2015 and October 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 November 2015 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the October 2019 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.
1 BURNET CLOSE is 194m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the largest 10% of detached houses in Gloucester, based on EPC data. The below chart shows the distribution of detached houses by size in Gloucester, and where 1 BURNET CLOSE lies on this distribution: 96% of detached houses are smaller than 1 BURNET CLOSE, and 4% of houses are larger. Note that EPC data is not available for all properties in Gloucester.
1 BURNET CLOSE sits on a plot of roughly 0.159 of an acre, or 642m². The below map shows the location of 1 BURNET 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 1 BURNET 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.
1 BURNET CLOSE is located in GLOUCESTER, in the GL4 postcode district. The below map shows the position of No. 1 on BURNET CLOSE.