3, LARKSPEAR CLOSE, GLOUCESTER, GL1 5LN - £531,000

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 LARKSPEAR CLOSE is a very large extended detached house of 232m², built sometime between 1983 and 1990, which could now be worth an estimated £664,692. It was last sold for £531,000 in September 2019, which was around 62% above the average September 2019 detached price in the Gloucester local authority area. The most recent EPC inspection was May 2011, where the current energy rating was C, and the potential energy rating was C.

3 LARKSPEAR CLOSE Sold Prices

Land registry data shows two sales for 3 LARKSPEAR 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 LARKSPEAR 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
2019 20 SEP	£531,000	£328,655	62% above HPI
2012 22 JUN	£440,000	£220,219	100% above HPI

3 LARKSPEAR 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 LARKSPEAR CLOSE sales from June 2012 and September 2019 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 2012 sale was for 100% above the HPI. So the extrapolation line tracks at 100% above the HPI over time, until the September 2019 sale, where it falls to 62% above the HPI. The line then continues to track at 62% above the HPI.

What might 3 LARKSPEAR CLOSE be worth now?

3 LARKSPEAR CLOSE might now be worth an estimated £664,692.

This is based on house price inflation of 25.2%, between September 2019 and February 2025, 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 25.2% inflationary increase is applied to the most recent sale price for 3 LARKSPEAR CLOSE of £531,000 on 20th September 2019. For the value to have increased from £531,000 to £664,692 over the six years and seven months to February 2025, the following assumptions must hold true:

• The value of 3 LARKSPEAR CLOSE has moved in line with the HPI for detached houses in the Gloucester local authority area.
• The September 2019 sale price of £531,000 represented a fair market value for the property.
• The size, condition, and specification of 3 LARKSPEAR CLOSE has not materially changed since September 2019.

How Large is 3 LARKSPEAR CLOSE?

3 LARKSPEAR CLOSE is 232m², which includes two extensions, according to the EPC inspection conducted in May 2011. This puts it in the largest 10% 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 LARKSPEAR CLOSE lies on this distribution: 99% of detached houses houses are smaller than 3 LARKSPEAR CLOSE, and 1% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

3 LARKSPEAR CLOSE: Plot and Title Map

3 LARKSPEAR CLOSE sits on a plot of roughly 0.176 of an acre, or 711m². The below map shows the location of 3 LARKSPEAR 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 LARKSPEAR 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 LARKSPEAR CLOSE?

3 LARKSPEAR CLOSE is located in GLOUCESTER, in the GL1 postcode district. The below map shows the position of No. 3 on LARKSPEAR CLOSE.