23, HORSESHOE WAY, HEMPSTED, GLOUCESTER, GL2 5GD - £395,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

23 HORSESHOE WAY is a small extended detached house of 104m², built sometime between 2003 and 2006. It was last sold for £395,000 in October 2024, which was around 4% below the average October 2024 detached price in the Gloucester local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

23 HORSESHOE WAY Sold Prices

Land registry data shows two sales for 23 HORSESHOE WAY 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. One of the two 23 HORSESHOE WAY sales was for below the average price, whilst the other was 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
2024 21 OCT	£395,000	£413,333	4% below HPI
2001 5 DEC	£170,000	£138,189	23% above HPI

23 HORSESHOE WAY 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 23 HORSESHOE WAY sales from December 2001 and October 2024 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 December 2001 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the October 2024 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 23 HORSESHOE WAY be worth now?

23 HORSESHOE WAY might now be worth an estimated £402,353.

This is based on house price inflation of 1.9%, between October 2024 and December 2024, 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 1.9% inflationary increase is applied to the most recent sale price for 23 HORSESHOE WAY of £395,000 on 21st October 2024. For the value to have increased from £395,000 to £402,353 over the ten months to December 2024, the following assumptions must hold true:

• The value of 23 HORSESHOE WAY has moved in line with the HPI for detached houses in the Gloucester local authority area.
• The October 2024 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 23 HORSESHOE WAY has not materially changed since October 2024.

How Large is 23 HORSESHOE WAY?

23 HORSESHOE WAY is 104m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the smallest 40% 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 23 HORSESHOE WAY lies on this distribution: 37% of detached houses houses are smaller than 23 HORSESHOE WAY, and 62% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

23 HORSESHOE WAY: Plot and Title Map

23 HORSESHOE WAY sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 23 HORSESHOE WAY, 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 23 HORSESHOE WAY). 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 23 HORSESHOE WAY?

23 HORSESHOE WAY is located in HEMPSTED, in the GL2 postcode district. The below map shows the position of No. 23 on HORSESHOE WAY.