1, TOWPATH ROAD, HEMPSTED, GLOUCESTER, GL2 5FJ - £229,500

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 TOWPATH ROAD is a very small detached house of 39m². It was last sold for £229,500 in November 2017, which was around 26% below the average November 2017 detached price in the Gloucester local authority area. The most recent EPC inspection was November 2011, where the current energy rating was C, and the potential energy rating was C.

1 TOWPATH ROAD Sold Prices

Land registry data shows two sales for 1 TOWPATH ROAD 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 TOWPATH ROAD 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
2017 29 NOV	£229,500	£308,647	26% below HPI
2011 16 DEC	£160,000	£217,054	26% below HPI

1 TOWPATH ROAD 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 TOWPATH ROAD sales from December 2011 and November 2017 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 2011 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the November 2017 sale, which was also at 26% below the HPI.

What might 1 TOWPATH ROAD be worth now?

1 TOWPATH ROAD might now be worth an estimated £313,062.

This is based on house price inflation of 36.4%, between November 2017 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 36.4% inflationary increase is applied to the most recent sale price for 1 TOWPATH ROAD of £229,500 on 29th November 2017. For the value to have increased from £229,500 to £313,062 over the six years and eleven months to December 2024, the following assumptions must hold true:

• The value of 1 TOWPATH ROAD has moved in line with the HPI for detached houses in the Gloucester local authority area.
• The November 2017 sale price of £229,500 represented a fair market value for the property.
• The size, condition, and specification of 1 TOWPATH ROAD has not materially changed since November 2017.

How Large is 1 TOWPATH ROAD?

1 TOWPATH ROAD is 39m² according to the EPC inspection conducted in November 2011. This puts it in the smallest 10% 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 TOWPATH ROAD lies on this distribution: Less than 1% of detached houses houses are smaller than 1 TOWPATH ROAD, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

1 TOWPATH ROAD: Plot and Title Map

1 TOWPATH ROAD sits on a plot of roughly 0.041 of an acre, or 167m². The below map shows the location of 1 TOWPATH ROAD, 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 TOWPATH ROAD). 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 TOWPATH ROAD?

1 TOWPATH ROAD is located in HEMPSTED, in the GL2 postcode district. The below map shows the position of No. 1 on TOWPATH ROAD.