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

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

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 29% 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	£365,507	29% below HPI
2018 6 JUN	£205,000	£317,893	36% 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 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the September 2021 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 18 TERN CLOSE be worth now?

18 TERN CLOSE might now be worth an estimated £298,918.

This is based on house price inflation of 15.2%, between September 2021 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 15.2% inflationary increase is applied to the most recent sale price for 18 TERN CLOSE of £259,500 on 28th September 2021. For the value to have increased from £259,500 to £298,918 over the two years and nine months to December 2024, the following assumptions must hold true:

• The value of 18 TERN CLOSE has moved in line with the HPI for detached houses in the Gloucester local authority area.
• The September 2021 sale price of £259,500 represented a fair market value for the property.
• The size, condition, and specification of 18 TERN CLOSE has not materially changed since September 2021.

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 houses in Gloucester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gloucester, and where 18 TERN CLOSE lies on this distribution: 6% of detached houses 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.