2, WATTS CLOSE, HUCCLECOTE, GLOUCESTER, GL3 3RJ - £395,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 WATTS CLOSE is a very small detached house of 86m², built sometime between 1950 and 1966, which could now be worth an estimated £503,334. It was last sold for £395,000 in January 2019, which was around 22% above the average January 2019 detached price in the Gloucester local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was B.

2 WATTS CLOSE Sold Prices

Land registry data shows two sales for 2 WATTS CLOSE 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 WATTS CLOSE 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
2019 29 JAN	£395,000	£322,855	22% above HPI
1997 28 NOV	£100,500	£82,685	22% above HPI

2 WATTS 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 two 2 WATTS CLOSE sales from November 1997 and January 2019 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 November 1997 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the January 2019 sale, which was also at 22% above the HPI.

What might 2 WATTS CLOSE be worth now?

2 WATTS CLOSE might now be worth an estimated £503,334.

This is based on house price inflation of 27.4%, between January 2019 and February 2025, for detached houses, in the Gloucester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 27.4% inflationary increase is applied to the most recent sale price for 2 WATTS CLOSE of £395,000 on 29th January 2019. For the value to have increased from £395,000 to £503,334 over the five years and eleven months to February 2025, the following assumptions must hold true:

• The value of 2 WATTS CLOSE has moved in line with the HPI for detached houses in the Gloucester local authority area.
• The January 2019 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WATTS CLOSE has not materially changed since January 2019.

How Large is 2 WATTS CLOSE?

2 WATTS CLOSE is 86m² according to the EPC inspection conducted in August 2018. This puts it in the smallest 20% of detached houses houses in Gloucester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gloucester, and where 2 WATTS CLOSE lies on this distribution: 17% of detached houses houses are smaller than 2 WATTS CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

2 WATTS CLOSE: Plot and Title Map

2 WATTS CLOSE sits on a plot of roughly 0.132 of an acre, or 534m². The below map shows the location of 2 WATTS 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 WATTS 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 WATTS CLOSE?

2 WATTS CLOSE is located in HUCCLECOTE, in the GL3 postcode district. The below map shows the position of No. 2 on WATTS CLOSE.