14, LACY CLOSE, LONGLEVENS, GLOUCESTER, GL2 0TX - £200,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

14 LACY CLOSE is a very small detached house of 66m², built sometime between 1967 and 1975. It was last sold for £200,000 in July 2012, which was around 9% below the average July 2012 detached price in the Gloucester local authority area. The most recent EPC inspection was July 2024, where the current energy rating was D, and the potential energy rating was B.

14 LACY CLOSE Sold Prices

Land registry data shows three sales for 14 LACY 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 14 LACY 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
2012 16 JUL	£200,000	£219,973	9% below HPI
2006 14 JUL	£214,950	£223,459	4% below HPI
2002 14 NOV	£169,995	£180,337	6% below HPI

14 LACY 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 14 LACY CLOSE sales between November 2002 and July 2012 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 July 2006 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the July 2012 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 14 LACY CLOSE be worth now?

14 LACY CLOSE might now be worth an estimated £382,799.

This is based on house price inflation of 91.4%, between July 2012 and December 2024, for 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 91.4% inflationary increase is applied to the most recent sale price for 14 LACY CLOSE of £200,000 on 16th July 2012. For the value to have increased from £200,000 to £382,799 over the eleven years and seven months to December 2024, the following assumptions must hold true:

• The value of 14 LACY CLOSE has moved in line with the HPI for detached houses in the Gloucester local authority area.
• The July 2012 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 14 LACY CLOSE has not materially changed since July 2012.

How Large is 14 LACY CLOSE?

14 LACY CLOSE is 66m² according to the EPC inspection conducted in July 2024. This puts it in the smallest 10% of detached houses houses in Gloucester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gloucester, and where 14 LACY CLOSE lies on this distribution: 4% of detached houses houses are smaller than 14 LACY CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

14 LACY CLOSE: Plot and Title Map

14 LACY CLOSE sits on a plot of roughly 0.093 of an acre, or 376m². The below map shows the location of 14 LACY 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 14 LACY 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 14 LACY CLOSE?

14 LACY CLOSE is located in LONGLEVENS, in the GL2 postcode district. The below map shows the position of No. 14 on LACY CLOSE.