2, PALMER AVENUE, ABBEYMEAD, GLOUCESTER, GL4 5BH - £245,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 PALMER AVENUE is a large detached house of 133m², built sometime between 1991 and 1995. It was last sold for £245,000 in September 2010, which was around 4% above the average September 2010 detached price in the Gloucester local authority area. The most recent EPC inspection was May 2010, where the current energy rating was D, and the potential energy rating was D.

2 PALMER AVENUE Sold Prices

Land registry data shows four sales for 2 PALMER AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Gloucester local authority area for the corresponding sale date. All of the four 2 PALMER AVENUE sales were for above 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
2010 17 SEP	£245,000	£234,782	4% above HPI
2003 11 AUG	£216,000	£202,828	6% above HPI
1998 27 NOV	£112,000	£93,014	20% above HPI
1997 10 JAN	£105,500	£79,109	33% above HPI

2 PALMER AVENUE 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 four 2 PALMER AVENUE sales between January 1997 and September 2010 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 August 2003 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the September 2010 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 2 PALMER AVENUE?

2 PALMER AVENUE is 133m² according to the EPC inspection conducted in May 2010. This puts it in the largest 30% 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 PALMER AVENUE lies on this distribution: 73% of detached houses are smaller than 2 PALMER AVENUE, and 27% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

2 PALMER AVENUE: Plot and Title Map

2 PALMER AVENUE sits on a plot of roughly 0.147 of an acre, or 597m². The below map shows the location of 2 PALMER AVENUE, 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 PALMER AVENUE). 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 PALMER AVENUE?

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