118, HEMPSTED LANE, GLOUCESTER, GL2 5JT - £250,000

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

118 HEMPSTED LANE is a very small extended detached house of 66m², built sometime between 1900 and 1929. It was last sold for £250,000 in June 2010, which was around 9% above the average June 2010 detached price in the Gloucester local authority area. The most recent EPC inspection was November 2009, where the current energy rating was E, and the potential energy rating was E.

118 HEMPSTED LANE Sold Prices

Land registry data shows two sales for 118 HEMPSTED LANE 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. One of the two 118 HEMPSTED LANE sales was for above the average price, whilst the other was 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
2010 3 JUN	£250,000	£230,332	9% above HPI
2007 17 OCT	£230,000	£262,823	12% below HPI

118 HEMPSTED LANE 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 118 HEMPSTED LANE sales from October 2007 and June 2010 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 October 2007 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the June 2010 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 118 HEMPSTED LANE?

118 HEMPSTED LANE is 66m², which includes one extension, according to the EPC inspection conducted in November 2009. 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 118 HEMPSTED LANE lies on this distribution: 4% of detached houses are smaller than 118 HEMPSTED LANE, and 96% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

118 HEMPSTED LANE: Plot and Title Map

118 HEMPSTED LANE sits on a plot of roughly 0.104 of an acre, or 421m². The below map shows the location of 118 HEMPSTED LANE, 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 118 HEMPSTED LANE). 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 118 HEMPSTED LANE?

118 HEMPSTED LANE is located in GLOUCESTER, in the GL2 postcode district. The below map shows the position of No. 118 on HEMPSTED LANE.