11, TERN CLOSE, ABBEYDALE, GLOUCESTER, GL4 4WQ - £180,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

11 TERN CLOSE is a very small detached house of 75m², built sometime between 1976 and 1982. It was last sold for £180,000 in May 2007, which was around 30% below the average May 2007 detached price in the Gloucester local authority area. The most recent EPC inspection was October 2010, where the current energy rating was E, and the potential energy rating was C.

11 TERN CLOSE Sold Prices

Land registry data shows three sales for 11 TERN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gloucester local authority area for the corresponding sale date. All of the three 11 TERN 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
2007 25 MAY	£180,000	£257,493	30% below HPI
2004 3 NOV	£147,000	£233,287	37% below HPI
1999 4 MAY	£69,000	£98,391	30% below HPI

11 TERN 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 three 11 TERN CLOSE sales between May 1999 and May 2007 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 2004 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the May 2007 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 11 TERN CLOSE?

11 TERN CLOSE is 75m² according to the EPC inspection conducted in October 2010. This puts it in the smallest 10% of detached houses in Gloucester, based on EPC data. The below chart shows the distribution of detached houses by size in Gloucester, and where 11 TERN CLOSE lies on this distribution: 9% of detached houses are smaller than 11 TERN CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

11 TERN CLOSE: Plot and Title Map

11 TERN CLOSE sits on a plot of roughly 0.055 of an acre, or 225m². The below map shows the location of 11 TERN 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 TERN 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 TERN CLOSE?

11 TERN CLOSE is located in ABBEYDALE, in the GL4 postcode district. The below map shows the position of No. 11 on TERN CLOSE.