12, SPEY CLOSE, QUEDGELEY, GLOUCESTER, GL2 4NW - £89,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

12 SPEY CLOSE is a very small semi-detached house of 74m², built sometime between 1996 and 2002, which could now be worth an estimated £309,092. It was last sold for £89,500 in June 2001, which was around 14% above the average June 2001 semi-detached price in the Gloucester local authority area. The most recent EPC inspection was June 2009, where the current energy rating was C, and the potential energy rating was C.

12 SPEY CLOSE Sold Prices

Land registry data shows two sales for 12 SPEY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Gloucester local authority area for the corresponding sale date. Both of the two 12 SPEY CLOSE sales were for above 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
2001 27 JUN	£89,500	£78,577	14% above HPI
1999 21 MAY	£71,995	£57,966	24% above HPI

12 SPEY CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Gloucester local authority area over time, sourced from the HPI. The two 12 SPEY CLOSE sales from May 1999 and June 2001 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 May 1999 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the June 2001 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 12 SPEY CLOSE be worth now?

12 SPEY CLOSE might now be worth an estimated £309,092.

This is based on house price inflation of 245.4%, between June 2001 and February 2025, for semi-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 245.4% inflationary increase is applied to the most recent sale price for 12 SPEY CLOSE of £89,500 on 27th June 2001. For the value to have increased from £89,500 to £309,092 over the 24 years and four months to February 2025, the following assumptions must hold true:

• The value of 12 SPEY CLOSE has moved in line with the HPI for semi-detached houses in the Gloucester local authority area.
• The June 2001 sale price of £89,500 represented a fair market value for the property.
• The size, condition, and specification of 12 SPEY CLOSE has not materially changed since June 2001.

How Large is 12 SPEY CLOSE?

12 SPEY CLOSE is 74m² according to the EPC inspection conducted in June 2009. This puts it in the smallest 20% of semi-detached houses houses in Quedgeley, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Quedgeley, and where 12 SPEY CLOSE lies on this distribution: 11% of semi-detached houses houses are smaller than 12 SPEY CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Quedgeley.

12 SPEY CLOSE: Plot and Title Map

12 SPEY CLOSE sits on a plot of roughly 0.050 of an acre, or 202m². The below map shows the location of 12 SPEY 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 SPEY 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 SPEY CLOSE?

12 SPEY CLOSE is located in QUEDGELEY, in the GL2 postcode district. The below map shows the position of No. 12 on SPEY CLOSE.