121, PAYGROVE LANE, LONGLEVENS, GLOUCESTER, GL2 0BQ - £345,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

121 PAYGROVE LANE is a small extended detached house of 89m², built sometime between 1976 and 1982. It was last sold for £345,000 in March 2024, which was around 20% below the average March 2024 detached price in the Gloucester local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was C.

121 PAYGROVE LANE Sold Prices

Land registry data shows two sales for 121 PAYGROVE 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. Both of the two 121 PAYGROVE LANE 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
2024 6 MAR	£345,000	£428,870	20% below HPI
2012 29 JUN	£195,000	£229,901	15% below HPI

121 PAYGROVE 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 121 PAYGROVE LANE sales from June 2012 and March 2024 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 June 2012 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the March 2024 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 121 PAYGROVE LANE?

121 PAYGROVE LANE is 89m², which includes one extension, according to the EPC inspection conducted in March 2023. 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 121 PAYGROVE LANE lies on this distribution: 20% of detached houses are smaller than 121 PAYGROVE LANE, and 78% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

121 PAYGROVE LANE: Plot and Title Map

121 PAYGROVE LANE sits on a plot of roughly 0.109 of an acre, or 441m². The below map shows the location of 121 PAYGROVE 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 121 PAYGROVE 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 121 PAYGROVE LANE?

121 PAYGROVE LANE is located in LONGLEVENS, in the GL2 postcode district. The below map shows the position of No. 121 on PAYGROVE LANE.