2, GORDON CLOSE, HIGHNAM, GLOUCESTER, GL2 8LL - £249,950

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

2 GORDON CLOSE is a small detached house of 97m², built sometime between 1976 and 1982, which could now be worth an estimated £414,139. It was last sold for £249,950 in July 2014, which was around 22% below the average July 2014 detached price in the Tewkesbury local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

2 GORDON CLOSE Sold Prices

Land registry data shows two sales for 2 GORDON 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 Tewkesbury local authority area for the corresponding sale date. Both of the two 2 GORDON 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
2014 16 JUL	£249,950	£320,710	22% below HPI
2003 1 AUG	£176,000	£237,245	26% below HPI

2 GORDON CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tewkesbury local authority area over time, sourced from the HPI. The two 2 GORDON CLOSE sales from August 2003 and July 2014 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 2003 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the July 2014 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 2 GORDON CLOSE be worth now?

2 GORDON CLOSE might now be worth an estimated £414,139.

This is based on house price inflation of 65.7%, between July 2014 and December 2024, for detached houses, in the Tewkesbury local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 65.7% inflationary increase is applied to the most recent sale price for 2 GORDON CLOSE of £249,950 on 16th July 2014. For the value to have increased from £249,950 to £414,139 over the nine years and seven months to December 2024, the following assumptions must hold true:

• The value of 2 GORDON CLOSE has moved in line with the HPI for detached houses in the Tewkesbury local authority area.
• The July 2014 sale price of £249,950 represented a fair market value for the property.
• The size, condition, and specification of 2 GORDON CLOSE has not materially changed since July 2014.

How Large is 2 GORDON CLOSE?

2 GORDON CLOSE is 97m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 30% of detached houses houses in Highnam, based on EPC data. The below chart shows the distribution of detached houses houses by size in Highnam, and where 2 GORDON CLOSE lies on this distribution: 27% of detached houses houses are smaller than 2 GORDON CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Highnam.

2 GORDON CLOSE: Plot and Title Map

2 GORDON CLOSE sits on a plot of roughly 0.108 of an acre, or 437m². The below map shows the location of 2 GORDON 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 GORDON 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 GORDON CLOSE?

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