1, WEALD CLOSE, GLOUCESTER, GL4 4FW - £290,000

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 WEALD CLOSE is a small detached house of 90m², built sometime between 1983 and 1990. It was last sold for £290,000 in December 2020, which was around 15% below the average December 2020 detached price in the Gloucester local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was B.

1 WEALD CLOSE Sold Prices

Land registry data shows two sales for 1 WEALD CLOSE 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 WEALD 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
2020 18 DEC	£290,000	£342,726	15% below HPI
2018 9 MAR	£260,000	£310,175	16% below HPI

1 WEALD 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 two 1 WEALD CLOSE sales from March 2018 and December 2020 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 March 2018 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the December 2020 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 1 WEALD CLOSE be worth now?

1 WEALD CLOSE might now be worth an estimated £356,255.

This is based on house price inflation of 22.8%, between December 2020 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 22.8% inflationary increase is applied to the most recent sale price for 1 WEALD CLOSE of £290,000 on 18th December 2020. For the value to have increased from £290,000 to £356,255 over the four years to December 2024, the following assumptions must hold true:

• The value of 1 WEALD CLOSE has moved in line with the HPI for detached houses in the Gloucester local authority area.
• The December 2020 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 1 WEALD CLOSE has not materially changed since December 2020.

How Large is 1 WEALD CLOSE?

1 WEALD CLOSE is 90m² according to the EPC inspection conducted in November 2017. This puts it in the smallest 30% 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 WEALD CLOSE lies on this distribution: 22% of detached houses houses are smaller than 1 WEALD CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

1 WEALD CLOSE: Plot and Title Map

1 WEALD CLOSE sits on a plot of roughly 0.086 of an acre, or 350m². The below map shows the location of 1 WEALD 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 WEALD 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 WEALD CLOSE?

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