2, GRASMERE ROAD, LONGLEVENS, GLOUCESTER, GL2 0NQ - £345,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 GRASMERE ROAD is a small extended detached house of 89m², built sometime between 1930 and 1949. It was last sold for £345,000 in August 2023, which was around 18% below the average August 2023 detached price in the Gloucester local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was C.

2 GRASMERE ROAD Sold Prices

Land registry data shows four sales for 2 GRASMERE ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Gloucester local authority area for the corresponding sale date. All of the four 2 GRASMERE ROAD 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
2023 21 AUG	£345,000	£420,569	18% below HPI
2016 29 JUL	£255,000	£296,838	14% below HPI
2010 19 NOV	£195,000	£244,824	20% below HPI
1995 29 SEP	£72,000	£77,580	7% below HPI

2 GRASMERE ROAD 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 four 2 GRASMERE ROAD sales between September 1995 and August 2023 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 July 2016 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the August 2023 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 2 GRASMERE ROAD?

2 GRASMERE ROAD is 89m², which includes two extensions, according to the EPC inspection conducted in February 2023. This puts it in the smallest 30% of detached houses in Gloucester, based on EPC data. The below chart shows the distribution of detached houses by size in Gloucester, and where 2 GRASMERE ROAD lies on this distribution: 20% of detached houses are smaller than 2 GRASMERE ROAD, and 79% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

2 GRASMERE ROAD: Plot and Title Map

2 GRASMERE ROAD sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 2 GRASMERE ROAD, 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 GRASMERE ROAD). 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 GRASMERE ROAD?

2 GRASMERE ROAD is located in LONGLEVENS, in the GL2 postcode district. The below map shows the position of No. 2 on GRASMERE ROAD.