3, RIVERMEAD CLOSE, GLOUCESTER, GL2 9AG - £281,000

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 RIVERMEAD CLOSE is a midsized extended semi-detached house of 108m², built sometime between 1950 and 1966, which could now be worth an estimated £388,638. It was last sold for £281,000 in December 2017, which was around 40% above the average December 2017 semi-detached price in the Gloucester local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was A.

3 RIVERMEAD CLOSE Sold Prices

Land registry data shows two sales for 3 RIVERMEAD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Gloucester local authority area for the corresponding sale date. Both of the two 3 RIVERMEAD 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
2017 11 DEC	£281,000	£201,233	40% above HPI
2016 6 DEC	£250,000	£188,393	33% above HPI

3 RIVERMEAD CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Gloucester local authority area over time, sourced from the HPI. The two 3 RIVERMEAD CLOSE sales from December 2016 and December 2017 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 2016 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the December 2017 sale, where it rises to 40% above the HPI. The line then continues to track at 40% above the HPI.

What might 3 RIVERMEAD CLOSE be worth now?

3 RIVERMEAD CLOSE might now be worth an estimated £388,638.

This is based on house price inflation of 38.3%, between December 2017 and December 2024, for semi-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 38.3% inflationary increase is applied to the most recent sale price for 3 RIVERMEAD CLOSE of £281,000 on 11th December 2017. For the value to have increased from £281,000 to £388,638 over the seven years to December 2024, the following assumptions must hold true:

• The value of 3 RIVERMEAD CLOSE has moved in line with the HPI for semi-detached houses in the Gloucester local authority area.
• The December 2017 sale price of £281,000 represented a fair market value for the property.
• The size, condition, and specification of 3 RIVERMEAD CLOSE has not materially changed since December 2017.

How Large is 3 RIVERMEAD CLOSE?

3 RIVERMEAD CLOSE is 108m², which includes one extension, according to the EPC inspection conducted in June 2015. This puts it in the smallest 50% of semi-detached houses houses in Gloucester, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Gloucester, and where 3 RIVERMEAD CLOSE lies on this distribution: 42% of semi-detached houses houses are smaller than 3 RIVERMEAD CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

3 RIVERMEAD CLOSE: Plot and Title Map

3 RIVERMEAD CLOSE sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of 3 RIVERMEAD 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 RIVERMEAD 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 RIVERMEAD CLOSE?

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