23, PENNY CLOSE, LONGLEVENS, GLOUCESTER, GL2 0NP - £330,000

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

23 PENNY CLOSE is a large detached house of 122m², built sometime between 1983 and 1990. It was last sold for £330,000 in January 2016, which was around 16% above the average January 2016 detached price in the Gloucester local authority area. The most recent EPC inspection was October 2015, where the current energy rating was C, and the potential energy rating was B.

23 PENNY CLOSE Sold Prices

Land registry data shows two sales for 23 PENNY 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 23 PENNY 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
2016 29 JAN	£330,000	£285,240	16% above HPI
2007 29 JUN	£272,500	£260,457	5% above HPI

23 PENNY 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 23 PENNY CLOSE sales from June 2007 and January 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 June 2007 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the January 2016 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 23 PENNY CLOSE?

23 PENNY CLOSE is 122m² according to the EPC inspection conducted in October 2015. This puts it in the largest 40% of detached houses in Gloucester, based on EPC data. The below chart shows the distribution of detached houses by size in Gloucester, and where 23 PENNY CLOSE lies on this distribution: 61% of detached houses are smaller than 23 PENNY CLOSE, and 38% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

23 PENNY CLOSE: Plot and Title Map

23 PENNY CLOSE sits on a plot of roughly 0.132 of an acre, or 536m². The below map shows the location of 23 PENNY 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 23 PENNY 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 23 PENNY CLOSE?

23 PENNY CLOSE is located in LONGLEVENS, in the GL2 postcode district. The below map shows the position of No. 23 on PENNY CLOSE.