1, HIGHBANK PARK, LONGFORD, GLOUCESTER, GL2 9DX - £215,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 HIGHBANK PARK is a very small detached house of 81m², built sometime between 1950 and 1966. It was last sold for £215,000 in August 2014, which was around 13% below the average August 2014 detached price in the Gloucester local authority area. The most recent EPC inspection was October 2014, where the current energy rating was E, and the potential energy rating was B.

1 HIGHBANK PARK Sold Prices

Land registry data shows two sales for 1 HIGHBANK PARK since 1^st 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 HIGHBANK PARK 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
2014 27 AUG	£215,000	£246,468	13% below HPI
2003 29 AUG	£152,000	£194,286	22% below HPI

1 HIGHBANK PARK 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 two 1 HIGHBANK PARK sales from August 2003 and August 2014 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 August 2003 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the August 2014 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 1 HIGHBANK PARK be worth now?

1 HIGHBANK PARK might now be worth an estimated £367,272.

This is based on house price inflation of 70.8%, between August 2014 and December 2024, 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 70.8% inflationary increase is applied to the most recent sale price for 1 HIGHBANK PARK of £215,000 on 27th August 2014. For the value to have increased from £215,000 to £367,272 over the nine years and eight months to December 2024, the following assumptions must hold true:

• The value of 1 HIGHBANK PARK has moved in line with the HPI for detached houses in the Gloucester local authority area.
• The August 2014 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 1 HIGHBANK PARK has not materially changed since August 2014.

How Large is 1 HIGHBANK PARK?

1 HIGHBANK PARK is 81m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 20% 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 HIGHBANK PARK lies on this distribution: 13% of detached houses houses are smaller than 1 HIGHBANK PARK, and 86% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

1 HIGHBANK PARK: Plot and Title Map

1 HIGHBANK PARK sits on a plot of roughly 0.108 of an acre, or 437m². The below map shows the location of 1 HIGHBANK PARK, 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 HIGHBANK PARK). 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 HIGHBANK PARK?

1 HIGHBANK PARK is located in LONGFORD, in the GL2 postcode district. The below map shows the position of No. 1 on HIGHBANK PARK.