2, MINERVA CLOSE, ABBEYMEAD, GLOUCESTER, GL4 5JD - £182,500

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 MINERVA CLOSE is a small extended detached house of 106m², built sometime between 1983 and 1990. It was last sold for £182,500 in April 2004, which was around 13% below the average April 2004 detached price in the Gloucester local authority area. The most recent EPC inspection was May 2024, where the current energy rating was D, and the potential energy rating was C.

2 MINERVA CLOSE Sold Prices

Land registry data shows three sales for 2 MINERVA CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gloucester local authority area for the corresponding sale date. All of the three 2 MINERVA 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
2004 30 APR	£182,500	£209,000	13% below HPI
1999 3 SEP	£89,000	£103,929	14% below HPI
1996 15 NOV	£74,000	£77,687	5% below HPI

2 MINERVA 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 three 2 MINERVA CLOSE sales between November 1996 and April 2004 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 September 1999 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the April 2004 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 2 MINERVA CLOSE?

2 MINERVA CLOSE is 106m², which includes two extensions, according to the EPC inspection conducted in May 2024. This puts it in the smallest 40% 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 MINERVA CLOSE lies on this distribution: 40% of detached houses are smaller than 2 MINERVA CLOSE, and 59% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

2 MINERVA CLOSE: Plot and Title Map

2 MINERVA CLOSE sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 2 MINERVA 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 MINERVA 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 MINERVA CLOSE?

2 MINERVA CLOSE is located in ABBEYMEAD, in the GL4 postcode district. The below map shows the position of No. 2 on MINERVA CLOSE.