15, FAIRWATER PARK, GLOUCESTER, GL4 3HF - £315,000

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.

15 FAIRWATER PARK is a midsized extended detached house of 116m², built sometime between 1967 and 1975, which could now be worth an estimated £404,279. It was last sold for £315,000 in July 2019, which was around 2% below the average July 2019 detached price in the Gloucester local authority area. The most recent EPC inspection was July 2017, where the current energy rating was C, and the potential energy rating was B.

15 FAIRWATER PARK Sold Prices

Land registry data shows three sales for 15 FAIRWATER PARK 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 15 FAIRWATER PARK 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
2019 8 JUL	£315,000	£320,550	2% below HPI
2017 23 NOV	£305,000	£308,647	1% below HPI
2012 22 JUN	£192,000	£220,219	13% below HPI

15 FAIRWATER PARK 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 15 FAIRWATER PARK sales between June 2012 and July 2019 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 November 2017 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the July 2019 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 15 FAIRWATER PARK be worth now?

15 FAIRWATER PARK might now be worth an estimated £404,279.

This is based on house price inflation of 28.3%, between July 2019 and February 2025, 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 28.3% inflationary increase is applied to the most recent sale price for 15 FAIRWATER PARK of £315,000 on 8th July 2019. For the value to have increased from £315,000 to £404,279 over the six years and five months to February 2025, the following assumptions must hold true:

• The value of 15 FAIRWATER PARK has moved in line with the HPI for detached houses in the Gloucester local authority area.
• The July 2019 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 15 FAIRWATER PARK has not materially changed since July 2019.

How Large is 15 FAIRWATER PARK?

15 FAIRWATER PARK is 116m², which includes one extension, according to the EPC inspection conducted in July 2017. This puts it in the largest 50% 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 15 FAIRWATER PARK lies on this distribution: 53% of detached houses houses are smaller than 15 FAIRWATER PARK, and 46% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

15 FAIRWATER PARK: Plot and Title Map

15 FAIRWATER PARK sits on a plot of roughly 0.098 of an acre, or 397m². The below map shows the location of 15 FAIRWATER PARK, 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 15 FAIRWATER PARK). 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 15 FAIRWATER PARK?

15 FAIRWATER PARK is located in GLOUCESTER, in the GL4 postcode district. The below map shows the position of No. 15 on FAIRWATER PARK.