3, BRIDGE CLOSE, HEMPSTED, GLOUCESTER, GL2 5JZ - £335,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

3 BRIDGE CLOSE is a midsized extended detached house of 117m², built sometime between 1950 and 1966. It was last sold for £335,000 in January 2013, which was around 45% above the average January 2013 detached price in the Gloucester local authority area. The most recent EPC inspection was May 2012, where the current energy rating was C, and the potential energy rating was B.

3 BRIDGE CLOSE Sold Prices

Land registry data shows two sales for 3 BRIDGE 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. One of the two 3 BRIDGE CLOSE sales was for above the average price, whilst the other was 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
2013 7 JAN	£335,000	£230,979	45% above HPI
2010 9 JUL	£230,000	£232,188	1% below HPI

3 BRIDGE 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 3 BRIDGE CLOSE sales from July 2010 and January 2013 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 July 2010 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the January 2013 sale, where it rises to 45% above the HPI. The line then continues to track at 45% above the HPI.

How Large is 3 BRIDGE CLOSE?

3 BRIDGE CLOSE is 117m², which includes one extension, according to the EPC inspection conducted in May 2012. This puts it in the largest 50% of detached houses in Gloucester, based on EPC data. The below chart shows the distribution of detached houses by size in Gloucester, and where 3 BRIDGE CLOSE lies on this distribution: 54% of detached houses are smaller than 3 BRIDGE CLOSE, and 45% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

3 BRIDGE CLOSE: Plot and Title Map

3 BRIDGE CLOSE sits on a plot of roughly 0.193 of an acre, or 780m². The below map shows the location of 3 BRIDGE 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 3 BRIDGE 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 3 BRIDGE CLOSE?

3 BRIDGE CLOSE is located in HEMPSTED, in the GL2 postcode district. The below map shows the position of No. 3 on BRIDGE CLOSE.