2, DOWNY CLOSE, QUEDGELEY, GLOUCESTER, GL2 4GF - £285,000

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

2 DOWNY CLOSE is a very small detached house of 63m², built sometime between 1983 and 1990. It was last sold for £285,000 in May 2024, which was around 32% below the average May 2024 detached price in the Gloucester local authority area. The most recent EPC inspection was January 2019, where the current energy rating was C, and the potential energy rating was B.

2 DOWNY CLOSE Sold Prices

Land registry data shows two sales for 2 DOWNY 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 2 DOWNY 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
2024 3 MAY	£285,000	£419,259	32% below HPI
2019 3 MAY	£200,000	£328,553	39% below HPI

2 DOWNY 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 2 DOWNY CLOSE sales from May 2019 and May 2024 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 2019 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the May 2024 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 2 DOWNY CLOSE?

2 DOWNY CLOSE is 63m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 10% of detached houses in Quedgeley, based on EPC data. The below chart shows the distribution of detached houses by size in Quedgeley, and where 2 DOWNY CLOSE lies on this distribution: 4% of detached houses are smaller than 2 DOWNY CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Quedgeley.

2 DOWNY CLOSE: Plot and Title Map

2 DOWNY CLOSE sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 2 DOWNY 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 2 DOWNY 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 2 DOWNY CLOSE?

2 DOWNY CLOSE is located in QUEDGELEY, in the GL2 postcode district. The below map shows the position of No. 2 on DOWNY CLOSE.