2, RED ADMIRAL DRIVE, ABBEYMEAD, GLOUCESTER, GL4 5EA - £275,000

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 RED ADMIRAL DRIVE is a midsized detached house of 118m², built sometime between 1983 and 1990. It was last sold for £275,000 in August 2014, which was around 7% above the average August 2014 detached price in the Gloucester local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was C.

2 RED ADMIRAL DRIVE Sold Prices

Land registry data shows two sales for 2 RED ADMIRAL DRIVE 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 RED ADMIRAL DRIVE 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
2014 1 AUG	£275,000	£257,304	7% above HPI
1998 26 JUN	£106,000	£88,572	20% above HPI

2 RED ADMIRAL DRIVE 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 RED ADMIRAL DRIVE sales from June 1998 and August 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 June 1998 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the August 2014 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 2 RED ADMIRAL DRIVE?

2 RED ADMIRAL DRIVE is 118m² according to the EPC inspection conducted in March 2014. This puts it in the largest 50% 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 RED ADMIRAL DRIVE lies on this distribution: 55% of detached houses are smaller than 2 RED ADMIRAL DRIVE, and 43% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

2 RED ADMIRAL DRIVE: Plot and Title Map

2 RED ADMIRAL DRIVE sits on a plot of roughly 0.127 of an acre, or 515m². The below map shows the location of 2 RED ADMIRAL DRIVE, 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 RED ADMIRAL DRIVE). 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 RED ADMIRAL DRIVE?

2 RED ADMIRAL DRIVE is located in ABBEYMEAD, in the GL4 postcode district. The below map shows the position of No. 2 on RED ADMIRAL DRIVE.