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 GLOUCESTER CLOSE is a large extended detached house of 138m², built sometime between 1991 and 1995. It was last sold for £405,000 in January 2015, which was around 1% 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.
Land registry data shows four sales for 2 GLOUCESTER CLOSE since 1st 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 | £407,558 | 1% below HPI |
2007 10 AUG | £349,000 | £335,604 | 4% above HPI |
2001 19 OCT | £220,000 | £204,029 | 8% above HPI |
1997 14 FEB | £137,000 | £106,607 | 29% above HPI |
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 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the January 2015 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.
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 in Stevenage, based on EPC data. The below chart shows the distribution of detached houses by size in Stevenage, and where 2 GLOUCESTER CLOSE lies on this distribution: 71% of detached 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 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.
2 GLOUCESTER CLOSE is located in STEVENAGE, in the SG1 postcode district. The below map shows the position of No. 2 on GLOUCESTER CLOSE.