2, INCE CASTLE WAY, GLOUCESTER, GL1 4DT - £165,000

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 INCE CASTLE WAY is a very small detached house of 80m², built sometime between 2003 and 2006. It was last sold for £165,000 in February 2014, which was around 30% below the average February 2014 detached price in the Gloucester local authority area. The most recent EPC inspection was October 2015, where the current energy rating was C, and the potential energy rating was C.

2 INCE CASTLE WAY Sold Prices

Land registry data shows two sales for 2 INCE CASTLE WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Gloucester local authority area for the corresponding sale date. Both of the two 2 INCE CASTLE WAY 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 3 FEB	£165,000	£235,096	30% below HPI
2004 27 FEB	£150,000	£198,373	24% below HPI

2 INCE CASTLE WAY 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 two 2 INCE CASTLE WAY sales from February 2004 and February 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 February 2004 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the February 2014 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 2 INCE CASTLE WAY be worth now?

2 INCE CASTLE WAY might now be worth an estimated £295,494.

This is based on house price inflation of 79.1%, between February 2014 and December 2024, for 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 79.1% inflationary increase is applied to the most recent sale price for 2 INCE CASTLE WAY of £165,000 on 3rd February 2014. For the value to have increased from £165,000 to £295,494 over the nine years and two months to December 2024, the following assumptions must hold true:

• The value of 2 INCE CASTLE WAY has moved in line with the HPI for detached houses in the Gloucester local authority area.
• The February 2014 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 2 INCE CASTLE WAY has not materially changed since February 2014.

How Large is 2 INCE CASTLE WAY?

2 INCE CASTLE WAY is 80m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 20% 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 INCE CASTLE WAY lies on this distribution: 12% of detached houses houses are smaller than 2 INCE CASTLE WAY, and 87% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

2 INCE CASTLE WAY: Plot and Title Map

2 INCE CASTLE WAY sits on a plot of roughly 0.055 of an acre, or 221m². The below map shows the location of 2 INCE CASTLE WAY, 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 INCE CASTLE WAY). 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 INCE CASTLE WAY?

2 INCE CASTLE WAY is located in GLOUCESTER, in the GL1 postcode district. The below map shows the position of No. 2 on INCE CASTLE WAY.