12, MINERVA CLOSE, ABBEYMEAD, GLOUCESTER, GL4 5JD - £205,000

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

12 MINERVA CLOSE is a small detached house of 90m², built sometime between 1983 and 1990. It was last sold for £205,000 in August 2014, which was around 20% below the average August 2014 detached price in the Gloucester local authority area. The most recent EPC inspection was April 2015, where the current energy rating was E, and the potential energy rating was B.

12 MINERVA CLOSE Sold Prices

Land registry data shows four sales for 12 MINERVA CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Gloucester local authority area for the corresponding sale date. All of the four 12 MINERVA 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
2014 21 AUG	£205,000	£257,304	20% below HPI
2007 27 FEB	£187,000	£250,202	25% below HPI
2001 12 OCT	£107,950	£142,517	24% below HPI
1999 23 APR	£75,500	£97,584	23% below HPI

12 MINERVA 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 four 12 MINERVA CLOSE sales between April 1999 and August 2014 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 February 2007 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the August 2014 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 12 MINERVA CLOSE?

12 MINERVA CLOSE is 90m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 30% of detached houses in Gloucester, based on EPC data. The below chart shows the distribution of detached houses by size in Gloucester, and where 12 MINERVA CLOSE lies on this distribution: 22% of detached houses are smaller than 12 MINERVA CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

12 MINERVA CLOSE: Plot and Title Map

12 MINERVA CLOSE sits on a plot of roughly 0.047 of an acre, or 190m². The below map shows the location of 12 MINERVA 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 12 MINERVA 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 12 MINERVA CLOSE?

12 MINERVA CLOSE is located in ABBEYMEAD, in the GL4 postcode district. The below map shows the position of No. 12 on MINERVA CLOSE.