2, THE LARCHES, ABBEYMEAD, GLOUCESTER, GL4 5WR - £265,000

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 THE LARCHES is a small extended detached house of 97m², built sometime between 1996 and 2002. It was last sold for £265,000 in July 2016, which was around 11% below the average July 2016 detached price in the Gloucester local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was B.

2 THE LARCHES Sold Prices

Land registry data shows three sales for 2 THE LARCHES 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 THE LARCHES 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
2016 1 JUL	£265,000	£296,838	11% below HPI
2010 25 AUG	£215,000	£232,435	8% below HPI
1999 28 MAY	£93,995	£98,391	4% below HPI

2 THE LARCHES 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 THE LARCHES sales between May 1999 and July 2016 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 2010 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the July 2016 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 2 THE LARCHES?

2 THE LARCHES is 97m², which includes one extension, according to the EPC inspection conducted in July 2023. This puts it in the smallest 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 THE LARCHES lies on this distribution: 30% of detached houses are smaller than 2 THE LARCHES, and 69% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

2 THE LARCHES: Plot and Title Map

2 THE LARCHES sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 2 THE LARCHES, 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 THE LARCHES). 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 THE LARCHES?

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