2, LEVEN CLOSE, LONGLEVENS, GLOUCESTER, GL2 0AP - £97,000

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 LEVEN CLOSE is a very small detached house of 67m², built sometime between 1976 and 1982. It was last sold for £97,000 in February 2002, which was around 30% below the average February 2002 detached price in the Gloucester local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was B.

2 LEVEN CLOSE Sold Prices

Land registry data shows two sales for 2 LEVEN 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 Gloucester local authority area for the corresponding sale date. Both of the two 2 LEVEN 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
2002 11 FEB	£97,000	£139,278	30% below HPI
1999 25 JUN	£64,000	£94,678	32% below HPI

2 LEVEN CLOSE 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 LEVEN CLOSE sales from June 1999 and February 2002 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 1999 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the February 2002 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 2 LEVEN CLOSE be worth now?

2 LEVEN CLOSE might now be worth an estimated £293,224.

This is based on house price inflation of 202.3%, between February 2002 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 202.3% inflationary increase is applied to the most recent sale price for 2 LEVEN CLOSE of £97,000 on 11th February 2002. For the value to have increased from £97,000 to £293,224 over the 21 years and two months to December 2024, the following assumptions must hold true:

• The value of 2 LEVEN CLOSE has moved in line with the HPI for detached houses in the Gloucester local authority area.
• The February 2002 sale price of £97,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LEVEN CLOSE has not materially changed since February 2002.

How Large is 2 LEVEN CLOSE?

2 LEVEN CLOSE is 67m² according to the EPC inspection conducted in January 2023. This puts it in the smallest 10% 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 LEVEN CLOSE lies on this distribution: 4% of detached houses houses are smaller than 2 LEVEN CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

2 LEVEN CLOSE: Plot and Title Map

2 LEVEN CLOSE sits on a plot of roughly 0.047 of an acre, or 191m². The below map shows the location of 2 LEVEN 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 LEVEN 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 LEVEN CLOSE?

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