18, LACE WALK, BROCKWORTH, GLOUCESTER, GL3 4WE - £420,000

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.

18 LACE WALK is a large detached house of 144m², which could now be worth an estimated £505,600. It was last sold for £420,000 in August 2020, which was around 1% below the average August 2020 detached price in the Tewkesbury local authority area. The most recent EPC inspection was September 2016, where the current energy rating was B, and the potential energy rating was A.

18 LACE WALK Sold Prices

Land registry data shows two sales for 18 LACE WALK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Tewkesbury local authority area for the corresponding sale date. Both of the two 18 LACE WALK 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
2020 24 AUG	£420,000	£422,227	1% below HPI
2016 17 OCT	£349,995	£365,959	4% below HPI

18 LACE WALK Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tewkesbury local authority area over time, sourced from the HPI. The two 18 LACE WALK sales from October 2016 and August 2020 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 October 2016 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the August 2020 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 18 LACE WALK be worth now?

18 LACE WALK might now be worth an estimated £505,600.

This is based on house price inflation of 20.4%, between August 2020 and February 2025, for detached houses, in the Tewkesbury local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.4% inflationary increase is applied to the most recent sale price for 18 LACE WALK of £420,000 on 24th August 2020. For the value to have increased from £420,000 to £505,600 over the five years and six months to February 2025, the following assumptions must hold true:

• The value of 18 LACE WALK has moved in line with the HPI for detached houses in the Tewkesbury local authority area.
• The August 2020 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of 18 LACE WALK has not materially changed since August 2020.

How Large is 18 LACE WALK?

18 LACE WALK is 144m² according to the EPC inspection conducted in September 2016. This puts it in the largest 20% of detached houses houses in Brockworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Brockworth, and where 18 LACE WALK lies on this distribution: 78% of detached houses houses are smaller than 18 LACE WALK, and 20% of houses are larger. Note that EPC data is not available for all properties in Brockworth.

18 LACE WALK: Plot and Title Map

18 LACE WALK sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of 18 LACE WALK, 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 18 LACE WALK). 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 18 LACE WALK?

18 LACE WALK is located in BROCKWORTH, in the GL3 postcode district. The below map shows the position of No. 18 on LACE WALK.