2, GRIERSON CLOSE, HUCCLECOTE, GLOUCESTER, GL3 3UF - £228,000

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 GRIERSON CLOSE is a small detached house of 97m², built sometime between 1996 and 2002. It was last sold for £228,000 in August 2014, which was around 30% below the average August 2014 detached price in the Tewkesbury local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was C.

2 GRIERSON CLOSE Sold Prices

Land registry data shows four sales for 2 GRIERSON 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 Tewkesbury local authority area for the corresponding sale date. All of the four 2 GRIERSON 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 5 AUG	£228,000	£326,387	30% below HPI
2000 9 JUN	£117,500	£142,786	18% below HPI
1998 15 OCT	£87,000	£116,492	25% below HPI
1997 5 DEC	£49,950	£112,428	56% below HPI

2 GRIERSON 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 four 2 GRIERSON CLOSE sales between December 1997 and August 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 June 2000 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the August 2014 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 2 GRIERSON CLOSE be worth now?

2 GRIERSON CLOSE might now be worth an estimated £371,199.

This is based on house price inflation of 62.8%, between August 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 62.8% inflationary increase is applied to the most recent sale price for 2 GRIERSON CLOSE of £228,000 on 5th August 2014. For the value to have increased from £228,000 to £371,199 over the nine years and eight months to December 2024, the following assumptions must hold true:

• The value of 2 GRIERSON CLOSE has moved in line with the HPI for detached houses in the Tewkesbury local authority area.
• The August 2014 sale price of £228,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GRIERSON CLOSE has not materially changed since August 2014.

How Large is 2 GRIERSON CLOSE?

2 GRIERSON CLOSE is 97m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 30% of detached houses houses in Gloucester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gloucester, and where 2 GRIERSON CLOSE lies on this distribution: 30% of detached houses houses are smaller than 2 GRIERSON CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

2 GRIERSON CLOSE: Plot and Title Map

2 GRIERSON CLOSE sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 2 GRIERSON 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 GRIERSON 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 GRIERSON CLOSE?

2 GRIERSON CLOSE is located in HUCCLECOTE, in the GL3 postcode district. The below map shows the position of No. 2 on GRIERSON CLOSE.