24, OTTER ROAD, ABBEYMEAD, GLOUCESTER, GL4 5TF - £338,000

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

24 OTTER ROAD is a very small extended detached house of 83m², built sometime between 1991 and 1995. It was last sold for £338,000 in November 2024, which was around 18% below the average November 2024 detached price in the Gloucester local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was B.

24 OTTER ROAD Sold Prices

Land registry data shows three sales for 24 OTTER ROAD 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 24 OTTER ROAD 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
2024 13 NOV	£338,000	£411,235	18% below HPI
2019 12 DEC	£235,000	£329,341	29% below HPI
1995 19 MAY	£64,000	£73,421	13% below HPI

24 OTTER ROAD 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 24 OTTER ROAD sales between May 1995 and November 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 2019 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the November 2024 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 24 OTTER ROAD be worth now?

24 OTTER ROAD might now be worth an estimated £346,048.

This is based on house price inflation of 2.4%, between November 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 2.4% inflationary increase is applied to the most recent sale price for 24 OTTER ROAD of £338,000 on 13th November 2024. For the value to have increased from £338,000 to £346,048 over the eleven months to December 2024, the following assumptions must hold true:

• The value of 24 OTTER ROAD has moved in line with the HPI for detached houses in the Gloucester local authority area.
• The November 2024 sale price of £338,000 represented a fair market value for the property.
• The size, condition, and specification of 24 OTTER ROAD has not materially changed since November 2024.

How Large is 24 OTTER ROAD?

24 OTTER ROAD is 83m², which includes one extension, according to the EPC inspection conducted in November 2019. 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 24 OTTER ROAD lies on this distribution: 15% of detached houses houses are smaller than 24 OTTER ROAD, and 84% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

24 OTTER ROAD: Plot and Title Map

24 OTTER ROAD sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 24 OTTER ROAD, 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 24 OTTER ROAD). 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 24 OTTER ROAD?

24 OTTER ROAD is located in ABBEYMEAD, in the GL4 postcode district. The below map shows the position of No. 24 on OTTER ROAD.