Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
16 GROVELANDS is a very large extended detached house of 191m², built sometime between 1996 and 2002. It was last sold for £690,000 in January 2023, which was around 61% above the average January 2023 detached price in the Gloucester local authority area. The most recent EPC inspection was December 2013, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows three sales for 16 GROVELANDS since 1st 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 16 GROVELANDS 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 |
---|---|---|---|
2023 11 JAN | £690,000 | £428,294 | 61% above HPI |
2012 20 AUG | £445,000 | £231,540 | 92% above HPI |
2002 17 MAY | £330,000 | £157,152 | 110% above HPI |
The below graph shows the average detached house price in the Gloucester local authority area over time, sourced from the HPI. The three 16 GROVELANDS sales between May 2002 and January 2023 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 August 2012 sale was for 92% above the HPI. So the extrapolation line tracks at 92% above the HPI over time, until the January 2023 sale, where it falls to 61% above the HPI. The line then continues to track at 61% above the HPI.
16 GROVELANDS is 191m², which includes one extension, according to the EPC inspection conducted in December 2013. This puts it in the largest 10% of detached houses in Gloucester, based on EPC data. The below chart shows the distribution of detached houses by size in Gloucester, and where 16 GROVELANDS lies on this distribution: 95% of detached houses are smaller than 16 GROVELANDS, and 5% of houses are larger. Note that EPC data is not available for all properties in Gloucester.
16 GROVELANDS sits on a plot of roughly 0.128 of an acre, or 519m². The below map shows the location of 16 GROVELANDS, 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 16 GROVELANDS). 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.
16 GROVELANDS is located in GLOUCESTER, in the GL4 postcode district. The below map shows the position of No. 16 on GROVELANDS.