1, PIPIT CLOSE, HARDWICKE, GLOUCESTER, GL2 4ED - £318,000

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 PIPIT CLOSE is a very small semi-detached house of 93m², which could now be worth an estimated £329,422. It was last sold for £318,000 in March 2024, which was about the average March 2024 semi-detached price in the Stroud local authority area. The most recent EPC inspection was September 2020, where the current energy rating was B, and the potential energy rating was A.

1 PIPIT CLOSE Sold Prices

Land registry data shows two sales for 1 PIPIT CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Stroud local authority area for the corresponding sale date. One of the two 1 PIPIT CLOSE sales was roughly equal to the average price, whilst the other was 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
2024 11 MAR	£318,000	£318,867	Close to HPI
2020 20 NOV	£305,000	£281,590	8% above HPI

1 PIPIT CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Stroud local authority area over time, sourced from the HPI. The two 1 PIPIT CLOSE sales from November 2020 and March 2024 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 2020 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the March 2024 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 1 PIPIT CLOSE be worth now?

1 PIPIT CLOSE might now be worth an estimated £329,422.

This is based on house price inflation of 3.6%, between March 2024 and February 2025, for semi-detached houses, in the Stroud local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.6% inflationary increase is applied to the most recent sale price for 1 PIPIT CLOSE of £318,000 on 11th March 2024. For the value to have increased from £318,000 to £329,422 over the one year and one month to February 2025, the following assumptions must hold true:

• The value of 1 PIPIT CLOSE has moved in line with the HPI for semi-detached houses in the Stroud local authority area.
• The March 2024 sale price of £318,000 represented a fair market value for the property.
• The size, condition, and specification of 1 PIPIT CLOSE has not materially changed since March 2024.

How Large is 1 PIPIT CLOSE?

1 PIPIT CLOSE is 93m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 20% of semi-detached houses houses in Hardwicke, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Hardwicke, and where 1 PIPIT CLOSE lies on this distribution: 16% of semi-detached houses houses are smaller than 1 PIPIT CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Hardwicke.

1 PIPIT CLOSE: Plot and Title Map

1 PIPIT CLOSE sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 1 PIPIT 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 PIPIT 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 PIPIT CLOSE?

1 PIPIT CLOSE is located in HARDWICKE, in the GL2 postcode district. The below map shows the position of No. 1 on PIPIT CLOSE.