11, HARNESS CLOSE, HEMPSTED, GLOUCESTER, GL2 5GF - £281,500

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

11 HARNESS CLOSE is a small extended detached house of 89m², built sometime between 2003 and 2006. It was last sold for £281,500 in December 2019, which was around 15% below the average December 2019 detached price in the Gloucester local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was B.

11 HARNESS CLOSE Sold Prices

Land registry data shows two sales for 11 HARNESS 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 11 HARNESS 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
2019 10 DEC	£281,500	£329,341	15% below HPI
2003 28 NOV	£184,995	£193,990	5% below HPI

11 HARNESS 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 11 HARNESS CLOSE sales from November 2003 and December 2019 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 November 2003 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the December 2019 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 11 HARNESS CLOSE be worth now?

11 HARNESS CLOSE might now be worth an estimated £359,867.

This is based on house price inflation of 27.8%, between December 2019 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 27.8% inflationary increase is applied to the most recent sale price for 11 HARNESS CLOSE of £281,500 on 10th December 2019. For the value to have increased from £281,500 to £359,867 over the five years to December 2024, the following assumptions must hold true:

• The value of 11 HARNESS CLOSE has moved in line with the HPI for detached houses in the Gloucester local authority area.
• The December 2019 sale price of £281,500 represented a fair market value for the property.
• The size, condition, and specification of 11 HARNESS CLOSE has not materially changed since December 2019.

How Large is 11 HARNESS CLOSE?

11 HARNESS CLOSE is 89m², which includes one extension, according to the EPC inspection conducted in October 2018. 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 11 HARNESS CLOSE lies on this distribution: 20% of detached houses houses are smaller than 11 HARNESS CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

11 HARNESS CLOSE: Plot and Title Map

11 HARNESS CLOSE sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of 11 HARNESS 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 11 HARNESS 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 11 HARNESS CLOSE?

11 HARNESS CLOSE is located in HEMPSTED, in the GL2 postcode district. The below map shows the position of No. 11 on HARNESS CLOSE.