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

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

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 51% 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. Both of the two 3 BRIDGE 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
2013 7 JAN	£335,000	£221,252	51% above HPI
2010 9 JUL	£230,000	£222,410	3% above 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 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the January 2013 sale, where it rises to 51% above the HPI. The line then continues to track at 51% above the HPI.

What might 3 BRIDGE CLOSE be worth now?

3 BRIDGE CLOSE might now be worth an estimated £637,481.

This is based on house price inflation of 90.3%, between January 2013 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 90.3% inflationary increase is applied to the most recent sale price for 3 BRIDGE CLOSE of £335,000 on 7th January 2013. For the value to have increased from £335,000 to £637,481 over the ten years and one month to December 2024, the following assumptions must hold true:

• The value of 3 BRIDGE CLOSE has moved in line with the HPI for detached houses in the Gloucester local authority area.
• The January 2013 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of 3 BRIDGE CLOSE has not materially changed since January 2013.

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 houses in Gloucester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gloucester, and where 3 BRIDGE CLOSE lies on this distribution: 54% of detached houses 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.