18, TERN CLOSE, ABBEYDALE, GLOUCESTER, GL4 4WQ - £259,500

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

18 TERN CLOSE is a very small extended detached house of 71m², built sometime between 1976 and 1982. It was last sold for £259,500 in September 2021, which was around 32% below the average September 2021 detached price in the Gloucester local authority area. The most recent EPC inspection was February 2018, where the current energy rating was E, and the potential energy rating was B.

18 TERN CLOSE Sold Prices

Land registry data shows two sales for 18 TERN 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 18 TERN CLOSE 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
2021 28 SEP	£259,500	£381,576	32% below HPI
2018 6 JUN	£205,000	£331,868	38% below HPI

18 TERN 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 18 TERN CLOSE sales from June 2018 and September 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 June 2018 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the September 2021 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 18 TERN CLOSE?

18 TERN CLOSE is 71m², which includes one extension, according to the EPC inspection conducted in February 2018. This puts it in the smallest 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 18 TERN CLOSE lies on this distribution: 6% of detached houses are smaller than 18 TERN CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

18 TERN CLOSE: Plot and Title Map

18 TERN CLOSE sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 18 TERN 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 18 TERN 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 18 TERN CLOSE?

18 TERN CLOSE is located in ABBEYDALE, in the GL4 postcode district. The below map shows the position of No. 18 on TERN CLOSE.