161, HEMPSTED LANE, GLOUCESTER, GL2 5LA - £470,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

161 HEMPSTED LANE is a large extended detached house of 125m², built sometime between 1996 and 2002. It was last sold for £470,000 in June 2021, which was around 29% above the average June 2021 detached price in the Gloucester local authority area. The most recent EPC inspection was April 2021, where the current energy rating was C, and the potential energy rating was C.

161 HEMPSTED LANE Sold Prices

Land registry data shows four sales for 161 HEMPSTED LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Gloucester local authority area for the corresponding sale date. two of the four 161 HEMPSTED LANE sales were for above the average price, and four 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
2021 30 JUN	£470,000	£365,325	29% above HPI
2017 21 SEP	£345,000	£315,853	9% above HPI
2007 20 SEP	£235,000	£266,523	12% below HPI
2003 1 AUG	£190,000	£202,828	6% below HPI

161 HEMPSTED 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 four 161 HEMPSTED LANE sales between August 2003 and June 2021 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 September 2017 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the June 2021 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is 161 HEMPSTED LANE?

161 HEMPSTED LANE is 125m², which includes one extension, according to the EPC inspection conducted in April 2021. This puts it in the largest 40% of detached houses in Gloucester, based on EPC data. The below chart shows the distribution of detached houses by size in Gloucester, and where 161 HEMPSTED LANE lies on this distribution: 65% of detached houses are smaller than 161 HEMPSTED LANE, and 34% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

161 HEMPSTED LANE: Plot and Title Map

161 HEMPSTED LANE sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 161 HEMPSTED 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 161 HEMPSTED 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 161 HEMPSTED LANE?

161 HEMPSTED LANE is located in GLOUCESTER, in the GL2 postcode district. The below map shows the position of No. 161 on HEMPSTED LANE.