10, LACY CLOSE, LONGLEVENS, GLOUCESTER, GL2 0TX - £107,500

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

10 LACY CLOSE is a very small detached house of 66m², built sometime between 1967 and 1975. It was last sold for £107,500 in November 2001, which was around 23% below the average November 2001 detached price in the Gloucester local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

10 LACY CLOSE Sold Prices

Land registry data shows two sales for 10 LACY 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 10 LACY 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
2001 2 NOV	£107,500	£138,822	23% below HPI
1999 29 JAN	£42,500	£90,552	53% below HPI

10 LACY 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 10 LACY CLOSE sales from January 1999 and November 2001 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 1999 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the November 2001 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 10 LACY CLOSE be worth now?

10 LACY CLOSE might now be worth an estimated £326,032.

This is based on house price inflation of 203.3%, between November 2001 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 203.3% inflationary increase is applied to the most recent sale price for 10 LACY CLOSE of £107,500 on 2nd November 2001. For the value to have increased from £107,500 to £326,032 over the 22 years and eleven months to December 2024, the following assumptions must hold true:

• The value of 10 LACY CLOSE has moved in line with the HPI for detached houses in the Gloucester local authority area.
• The November 2001 sale price of £107,500 represented a fair market value for the property.
• The size, condition, and specification of 10 LACY CLOSE has not materially changed since November 2001.

How Large is 10 LACY CLOSE?

10 LACY CLOSE is 66m² according to the EPC inspection conducted in April 2014. 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 10 LACY CLOSE lies on this distribution: 4% of detached houses houses are smaller than 10 LACY CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

10 LACY CLOSE: Plot and Title Map

10 LACY CLOSE sits on a plot of roughly 0.092 of an acre, or 371m². The below map shows the location of 10 LACY 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 10 LACY 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 10 LACY CLOSE?

10 LACY CLOSE is located in LONGLEVENS, in the GL2 postcode district. The below map shows the position of No. 10 on LACY CLOSE.