2, HAZEL CLOSE, GLOUCESTER, GL2 0UQ - £193,500

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 HAZEL CLOSE is a very small semi-detached house of 56m², built sometime between 1976 and 1982, which could now be worth an estimated £252,190. It was last sold for £193,500 in November 2018, which was around 7% below the average November 2018 semi-detached price in the Gloucester local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

2 HAZEL CLOSE Sold Prices

Land registry data shows six sales for 2 HAZEL CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average semi-detached price in the Gloucester local authority area for the corresponding sale date. All of the six 2 HAZEL 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
2018 30 NOV	£193,500	£208,216	7% below HPI
2014 2 MAY	£150,000	£152,533	2% below HPI
2011 11 FEB	£136,000	£142,377	4% below HPI
2005 14 OCT	£132,500	£141,323	6% below HPI
2002 22 APR	£83,750	£88,181	5% below HPI
2001 26 OCT	£79,950	£81,998	2% below HPI

2 HAZEL CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Gloucester local authority area over time, sourced from the HPI. The six 2 HAZEL CLOSE sales between October 2001 and November 2018 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 May 2014 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the November 2018 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 2 HAZEL CLOSE be worth now?

2 HAZEL CLOSE might now be worth an estimated £252,190.

This is based on house price inflation of 30.3%, between November 2018 and February 2025, for semi-detached houses, in the Gloucester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 30.3% inflationary increase is applied to the most recent sale price for 2 HAZEL CLOSE of £193,500 on 30th November 2018. For the value to have increased from £193,500 to £252,190 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 HAZEL CLOSE has moved in line with the HPI for semi-detached houses in the Gloucester local authority area.
• The November 2018 sale price of £193,500 represented a fair market value for the property.
• The size, condition, and specification of 2 HAZEL CLOSE has not materially changed since November 2018.

How Large is 2 HAZEL CLOSE?

2 HAZEL CLOSE is 56m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 10% of semi-detached houses houses in Gloucester, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Gloucester, and where 2 HAZEL CLOSE lies on this distribution: 1% of semi-detached houses houses are smaller than 2 HAZEL CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

2 HAZEL CLOSE: Plot and Title Map

2 HAZEL CLOSE sits on a plot of roughly 0.044 of an acre, or 180m². The below map shows the location of 2 HAZEL 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 HAZEL 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 HAZEL CLOSE?

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