1, LILAC WAY, QUEDGELEY, GLOUCESTER, GL2 4WH - £248,000

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 LILAC WAY is a small semi-detached house of 85m², built sometime between 1983 and 1990, which could now be worth an estimated £324,351. It was last sold for £248,000 in May 2018, which was around 20% above the average May 2018 semi-detached price in the Gloucester local authority area. The most recent EPC inspection was December 2017, where the current energy rating was C, and the potential energy rating was B.

1 LILAC WAY Sold Prices

Land registry data shows three sales for 1 LILAC WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Gloucester local authority area for the corresponding sale date. All of the three 1 LILAC WAY 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
2018 9 MAY	£248,000	£207,490	20% above HPI
2003 2 SEP	£144,500	£122,413	18% above HPI
1997 19 SEP	£66,000	£49,999	32% above HPI

1 LILAC WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Gloucester local authority area over time, sourced from the HPI. The three 1 LILAC WAY sales between September 1997 and May 2018 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 September 2003 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the May 2018 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 1 LILAC WAY be worth now?

1 LILAC WAY might now be worth an estimated £324,351.

This is based on house price inflation of 30.8%, between May 2018 and February 2025, for semi-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 30.8% inflationary increase is applied to the most recent sale price for 1 LILAC WAY of £248,000 on 9th May 2018. For the value to have increased from £248,000 to £324,351 over the seven years and three months to February 2025, the following assumptions must hold true:

• The value of 1 LILAC WAY has moved in line with the HPI for semi-detached houses in the Gloucester local authority area.
• The May 2018 sale price of £248,000 represented a fair market value for the property.
• The size, condition, and specification of 1 LILAC WAY has not materially changed since May 2018.

How Large is 1 LILAC WAY?

1 LILAC WAY is 85m² according to the EPC inspection conducted in December 2017. This puts it in the smallest 30% of semi-detached houses houses in Quedgeley, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Quedgeley, and where 1 LILAC WAY lies on this distribution: 24% of semi-detached houses houses are smaller than 1 LILAC WAY, and 74% of houses are larger. Note that EPC data is not available for all properties in Quedgeley.

1 LILAC WAY: Plot and Title Map

1 LILAC WAY sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 1 LILAC WAY, 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 LILAC WAY). 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 LILAC WAY?

1 LILAC WAY is located in QUEDGELEY, in the GL2 postcode district. The below map shows the position of No. 1 on LILAC WAY.