1, TEAL CLOSE, QUEDGELEY, GLOUCESTER, GL2 4GR - £185,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 TEAL CLOSE is a small detached house of 96m², built sometime between 1996 and 2002. It was last sold for £185,000 in October 2013, which was around 22% below the average October 2013 detached price in the Gloucester local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was C.

1 TEAL CLOSE Sold Prices

Land registry data shows three sales for 1 TEAL 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 TEAL 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
2013 25 OCT	£185,000	£236,547	22% below HPI
2003 20 JAN	£161,000	£193,977	17% below HPI
1996 5 SEP	£74,950	£78,934	5% below HPI

1 TEAL 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 TEAL CLOSE sales between September 1996 and October 2013 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 January 2003 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the October 2013 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 1 TEAL CLOSE?

1 TEAL CLOSE is 96m² according to the EPC inspection conducted in July 2013. This puts it in the smallest 40% of detached houses in Quedgeley, based on EPC data. The below chart shows the distribution of detached houses by size in Quedgeley, and where 1 TEAL CLOSE lies on this distribution: 38% of detached houses are smaller than 1 TEAL CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Quedgeley.

1 TEAL CLOSE: Plot and Title Map

1 TEAL CLOSE sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 1 TEAL 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 TEAL 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 TEAL CLOSE?

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