3, UNDERLEAF CLOSE, QUEDGELEY, GLOUCESTER, GL2 4BX - £340,000

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 UNDERLEAF CLOSE is a midsized detached house of 107m², which could now be worth an estimated £413,776. It was last sold for £340,000 in February 2021, which was around 2% below the average February 2021 detached price in the Gloucester local authority area. The most recent EPC inspection was November 2014, where the current energy rating was A, and the potential energy rating was A.

3 UNDERLEAF CLOSE Sold Prices

Land registry data shows two sales for 3 UNDERLEAF 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 UNDERLEAF CLOSE sales was for below the average price, whilst the other was 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
2021 23 FEB	£340,000	£345,958	2% below HPI
2014 19 DEC	£262,995	£252,629	4% above HPI

3 UNDERLEAF 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 UNDERLEAF CLOSE sales from December 2014 and February 2021 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 2014 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the February 2021 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 3 UNDERLEAF CLOSE be worth now?

3 UNDERLEAF CLOSE might now be worth an estimated £413,776.

This is based on house price inflation of 21.7%, between February 2021 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 21.7% inflationary increase is applied to the most recent sale price for 3 UNDERLEAF CLOSE of £340,000 on 23rd February 2021. For the value to have increased from £340,000 to £413,776 over the two years and two months to December 2024, the following assumptions must hold true:

• The value of 3 UNDERLEAF CLOSE has moved in line with the HPI for detached houses in the Gloucester local authority area.
• The February 2021 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 3 UNDERLEAF CLOSE has not materially changed since February 2021.

How Large is 3 UNDERLEAF CLOSE?

3 UNDERLEAF CLOSE is 107m² according to the EPC inspection conducted in November 2014. This puts it in the largest 50% of detached houses houses in Quedgeley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Quedgeley, and where 3 UNDERLEAF CLOSE lies on this distribution: 51% of detached houses houses are smaller than 3 UNDERLEAF CLOSE, and 46% of houses are larger. Note that EPC data is not available for all properties in Quedgeley.

3 UNDERLEAF CLOSE: Plot and Title Map

3 UNDERLEAF CLOSE sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 3 UNDERLEAF 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 UNDERLEAF 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 UNDERLEAF CLOSE?

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