1, LONGHOPE CLOSE, ABBEYMEAD, GLOUCESTER, GL4 4GS - £205,000

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 LONGHOPE CLOSE is a small detached house of 96m², built sometime between 1996 and 2002. It was last sold for £205,000 in August 2008, which was around 13% below the average August 2008 detached price in the Gloucester local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was B.

1 LONGHOPE CLOSE Sold Prices

Land registry data shows three sales for 1 LONGHOPE CLOSE 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 LONGHOPE 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
2008 29 AUG	£205,000	£235,973	13% below HPI
2000 18 DEC	£119,000	£127,588	7% below HPI
1998 12 AUG	£88,500	£90,917	3% below HPI

1 LONGHOPE 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 three 1 LONGHOPE CLOSE sales between August 1998 and August 2008 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 December 2000 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the August 2008 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 1 LONGHOPE CLOSE?

1 LONGHOPE CLOSE is 96m² according to the EPC inspection conducted in May 2024. This puts it in the smallest 30% 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 LONGHOPE CLOSE lies on this distribution: 29% of detached houses are smaller than 1 LONGHOPE CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

1 LONGHOPE CLOSE: Plot and Title Map

1 LONGHOPE CLOSE sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 1 LONGHOPE 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 LONGHOPE 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 1 LONGHOPE CLOSE?

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