3, SNOWSHILL CLOSE, BARNWOOD, GLOUCESTER, GL4 3GE - £242,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 SNOWSHILL CLOSE is a very large detached house of 144m², built sometime between 1991 and 1995, which could now be worth an estimated £457,940. It was last sold for £242,000 in November 2011, which was around 11% above the average November 2011 detached price in the Gloucester local authority area. The most recent EPC inspection was February 2010, where the current energy rating was D, and the potential energy rating was C.

3 SNOWSHILL CLOSE Sold Prices

Land registry data shows two sales for 3 SNOWSHILL 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 SNOWSHILL 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
2011 15 NOV	£242,000	£217,407	11% above HPI
2011 11 MAR	£237,500	£218,642	9% above HPI

3 SNOWSHILL 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 SNOWSHILL CLOSE sales from March 2011 and November 2011 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 March 2011 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the November 2011 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 3 SNOWSHILL CLOSE be worth now?

3 SNOWSHILL CLOSE might now be worth an estimated £457,940.

This is based on house price inflation of 89.2%, between November 2011 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 89.2% inflationary increase is applied to the most recent sale price for 3 SNOWSHILL CLOSE of £242,000 on 15th November 2011. For the value to have increased from £242,000 to £457,940 over the fourteen years and nine months to February 2025, the following assumptions must hold true:

• The value of 3 SNOWSHILL CLOSE has moved in line with the HPI for detached houses in the Gloucester local authority area.
• The November 2011 sale price of £242,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SNOWSHILL CLOSE has not materially changed since November 2011.

How Large is 3 SNOWSHILL CLOSE?

3 SNOWSHILL CLOSE is 144m² according to the EPC inspection conducted in February 2010. This puts it in the largest 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 3 SNOWSHILL CLOSE lies on this distribution: 81% of detached houses houses are smaller than 3 SNOWSHILL CLOSE, and 19% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

3 SNOWSHILL CLOSE: Plot and Title Map

3 SNOWSHILL CLOSE sits on a plot of roughly 0.085 of an acre, or 344m². The below map shows the location of 3 SNOWSHILL 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 SNOWSHILL 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 SNOWSHILL CLOSE?

3 SNOWSHILL CLOSE is located in BARNWOOD, in the GL4 postcode district. The below map shows the position of No. 3 on SNOWSHILL CLOSE.