10, PENNY CLOSE, LONGLEVENS, GLOUCESTER, GL2 0NP - £250,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

10 PENNY CLOSE is a very small extended detached house of 78m², built sometime between 1983 and 1990. It was last sold for £250,000 in December 2020, which was around 30% below the average December 2020 detached price in the Gloucester local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

10 PENNY CLOSE Sold Prices

Land registry data shows two sales for 10 PENNY 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 PENNY 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	£250,000	£357,794	30% below HPI
2007 21 SEP	£177,500	£266,523	33% below HPI

10 PENNY 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 PENNY CLOSE sales from September 2007 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 September 2007 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the December 2020 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 10 PENNY CLOSE?

10 PENNY CLOSE is 78m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the smallest 20% of detached houses in Gloucester, based on EPC data. The below chart shows the distribution of detached houses by size in Gloucester, and where 10 PENNY CLOSE lies on this distribution: 11% of detached houses are smaller than 10 PENNY CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

10 PENNY CLOSE: Plot and Title Map

10 PENNY CLOSE sits on a plot of roughly 0.054 of an acre, or 217m². The below map shows the location of 10 PENNY 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 PENNY 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 PENNY CLOSE?

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