2, STEWARTS MILL LANE, ABBEYMEAD, GLOUCESTER, GL4 5UL - £480,000

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 STEWARTS MILL LANE is a very large extended detached house of 152m², built sometime between 1983 and 1990. It was last sold for £480,000 in October 2022, which was around 12% above the average October 2022 detached price in the Gloucester local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was C.

2 STEWARTS MILL LANE Sold Prices

Land registry data shows two sales for 2 STEWARTS MILL LANE 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 STEWARTS MILL LANE 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
2022 4 OCT	£480,000	£426,909	12% above HPI
2000 6 OCT	£155,000	£128,131	21% above HPI

2 STEWARTS MILL LANE 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 STEWARTS MILL LANE sales from October 2000 and October 2022 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 October 2000 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the October 2022 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 2 STEWARTS MILL LANE?

2 STEWARTS MILL LANE is 152m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the largest 20% 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 STEWARTS MILL LANE lies on this distribution: 85% of detached houses are smaller than 2 STEWARTS MILL LANE, and 14% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

2 STEWARTS MILL LANE: Plot and Title Map

2 STEWARTS MILL LANE sits on a plot of roughly 0.158 of an acre, or 640m². The below map shows the location of 2 STEWARTS MILL LANE, 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 STEWARTS MILL LANE). 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 STEWARTS MILL LANE?

2 STEWARTS MILL LANE is located in ABBEYMEAD, in the GL4 postcode district. The below map shows the position of No. 2 on STEWARTS MILL LANE.