2, GLOUCESTER CLOSE, STEVENAGE, SG1 3RQ - £405,000

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.

2 GLOUCESTER CLOSE is a large extended detached house of 138m², built sometime between 1991 and 1995, which could now be worth an estimated £631,381. It was last sold for £405,000 in January 2015, which was around 3% below the average January 2015 detached price in the Stevenage local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was C.

2 GLOUCESTER CLOSE Sold Prices

Land registry data shows four sales for 2 GLOUCESTER CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Stevenage local authority area for the corresponding sale date. Most of the four 2 GLOUCESTER 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
2015 9 JAN	£405,000	£416,446	3% below HPI
2007 10 AUG	£349,000	£342,923	2% above HPI
2001 19 OCT	£220,000	£208,479	6% above HPI
1997 14 FEB	£137,000	£108,932	26% above HPI

2 GLOUCESTER CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Stevenage local authority area over time, sourced from the HPI. The four 2 GLOUCESTER CLOSE sales between February 1997 and January 2015 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 August 2007 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the January 2015 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 2 GLOUCESTER CLOSE be worth now?

2 GLOUCESTER CLOSE might now be worth an estimated £631,381.

This is based on house price inflation of 55.9%, between January 2015 and July 2025, for detached houses, in the Stevenage local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 55.9% inflationary increase is applied to the most recent sale price for 2 GLOUCESTER CLOSE of £405,000 on 9th January 2015. For the value to have increased from £405,000 to £631,381 over the nine years and six months to July 2025, the following assumptions must hold true:

• The value of 2 GLOUCESTER CLOSE has moved in line with the HPI for detached houses in the Stevenage local authority area.
• The January 2015 sale price of £405,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GLOUCESTER CLOSE has not materially changed since January 2015.

How Large is 2 GLOUCESTER CLOSE?

2 GLOUCESTER CLOSE is 138m², which includes one extension, according to the EPC inspection conducted in August 2014. This puts it in the largest 30% of detached houses houses in Stevenage, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stevenage, and where 2 GLOUCESTER CLOSE lies on this distribution: 71% of detached houses houses are smaller than 2 GLOUCESTER CLOSE, and 28% of houses are larger. Note that EPC data is not available for all properties in Stevenage.

2 GLOUCESTER CLOSE: Plot and Title Map

2 GLOUCESTER CLOSE sits on a plot of roughly 0.106 of an acre, or 429m². The below map shows the location of 2 GLOUCESTER 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 GLOUCESTER 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 GLOUCESTER CLOSE?

2 GLOUCESTER CLOSE is located in STEVENAGE, in the SG1 postcode district. The below map shows the position of No. 2 on GLOUCESTER CLOSE.