1, DISCOVERY ROAD, ABBEYMEAD, GLOUCESTER, GL4 5GY - £164,000

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.

1 DISCOVERY ROAD is a midsized extended detached house of 108m², built sometime between 1976 and 1982, which could now be worth an estimated £331,879. It was last sold for £164,000 in March 2009, which was around 19% below the average March 2009 detached price in the Gloucester local authority area. The most recent EPC inspection was October 2008, where the current energy rating was C, and the potential energy rating was C.

1 DISCOVERY ROAD Sold Prices

Land registry data shows three sales for 1 DISCOVERY ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gloucester local authority area for the corresponding sale date. All of the three 1 DISCOVERY ROAD 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
2009 13 MAR	£164,000	£203,297	19% below HPI
2004 30 APR	£151,000	£200,198	25% below HPI
2000 26 MAY	£95,000	£112,856	16% below HPI

1 DISCOVERY ROAD 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 three 1 DISCOVERY ROAD sales between May 2000 and March 2009 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 April 2004 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the March 2009 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 1 DISCOVERY ROAD be worth now?

1 DISCOVERY ROAD might now be worth an estimated £331,879.

This is based on house price inflation of 102.4%, between March 2009 and February 2025, for detached houses, in the Gloucester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 102.4% inflationary increase is applied to the most recent sale price for 1 DISCOVERY ROAD of £164,000 on 13th March 2009. For the value to have increased from £164,000 to £331,879 over the sixteen years and one month to February 2025, the following assumptions must hold true:

• The value of 1 DISCOVERY ROAD has moved in line with the HPI for detached houses in the Gloucester local authority area.
• The March 2009 sale price of £164,000 represented a fair market value for the property.
• The size, condition, and specification of 1 DISCOVERY ROAD has not materially changed since March 2009.

How Large is 1 DISCOVERY ROAD?

1 DISCOVERY ROAD is 108m², which includes two extensions, according to the EPC inspection conducted in October 2008. This puts it in the smallest 50% of detached houses houses in Gloucester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gloucester, and where 1 DISCOVERY ROAD lies on this distribution: 43% of detached houses houses are smaller than 1 DISCOVERY ROAD, and 57% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

1 DISCOVERY ROAD: Plot and Title Map

1 DISCOVERY ROAD sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 1 DISCOVERY ROAD, 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 DISCOVERY ROAD). 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 1 DISCOVERY ROAD?

1 DISCOVERY ROAD is located in ABBEYMEAD, in the GL4 postcode district. The below map shows the position of No. 1 on DISCOVERY ROAD.