17, RIVERMEAD CLOSE, GLOUCESTER, GL2 9AG - £472,500

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

17 RIVERMEAD CLOSE is a very large extended detached house of 312m², built sometime between 1950 and 1966. It was last sold for £472,500 in June 2016, which was around 68% above the average June 2016 detached price in the Gloucester local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was C.

17 RIVERMEAD CLOSE Sold Prices

Land registry data shows two sales for 17 RIVERMEAD CLOSE 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 17 RIVERMEAD CLOSE 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
2016 2 JUN	£472,500	£281,851	68% above HPI
1997 23 MAY	£145,000	£78,015	86% above HPI

17 RIVERMEAD 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 two 17 RIVERMEAD CLOSE sales from May 1997 and June 2016 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 May 1997 sale was for 86% above the HPI. So the extrapolation line tracks at 86% above the HPI over time, until the June 2016 sale, where it falls to 68% above the HPI. The line then continues to track at 68% above the HPI.

What might 17 RIVERMEAD CLOSE be worth now?

17 RIVERMEAD CLOSE might now be worth an estimated £705,817.

This is based on house price inflation of 49.4%, between June 2016 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 49.4% inflationary increase is applied to the most recent sale price for 17 RIVERMEAD CLOSE of £472,500 on 2nd June 2016. For the value to have increased from £472,500 to £705,817 over the seven years and six months to December 2024, the following assumptions must hold true:

• The value of 17 RIVERMEAD CLOSE has moved in line with the HPI for detached houses in the Gloucester local authority area.
• The June 2016 sale price of £472,500 represented a fair market value for the property.
• The size, condition, and specification of 17 RIVERMEAD CLOSE has not materially changed since June 2016.

How Large is 17 RIVERMEAD CLOSE?

17 RIVERMEAD CLOSE is 312m², which includes two extensions, according to the EPC inspection conducted in September 2015. This puts it in the largest 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 17 RIVERMEAD CLOSE lies on this distribution: More than 99% of detached houses houses are smaller than 17 RIVERMEAD CLOSE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

17 RIVERMEAD CLOSE: Plot and Title Map

17 RIVERMEAD CLOSE sits on a plot of roughly 0.167 of an acre, or 677m². The below map shows the location of 17 RIVERMEAD 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 17 RIVERMEAD 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 17 RIVERMEAD CLOSE?

17 RIVERMEAD CLOSE is located in GLOUCESTER, in the GL2 postcode district. The below map shows the position of No. 17 on RIVERMEAD CLOSE.