Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
31 SCHOOL LANE is a midsized detached house of 104m², built sometime between 1976 and 1982. It was last sold for £290,000 in September 2017, which was around 8% below the average September 2017 detached price in the Gloucester local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 31 SCHOOL LANE since 1st 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 31 SCHOOL LANE sales were for below 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 1 SEP | £290,000 | £315,853 | 8% below HPI |
2013 9 JUL | £200,000 | £232,812 | 14% below HPI |
The below graph shows the average detached house price in the Gloucester local authority area over time, sourced from the HPI. The two 31 SCHOOL LANE sales from July 2013 and September 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 July 2013 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the September 2017 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.
31 SCHOOL LANE is 104m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 50% of detached houses in Quedgeley, based on EPC data. The below chart shows the distribution of detached houses by size in Quedgeley, and where 31 SCHOOL LANE lies on this distribution: 47% of detached houses are smaller than 31 SCHOOL LANE, and 51% of houses are larger. Note that EPC data is not available for all properties in Quedgeley.
31 SCHOOL LANE sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 31 SCHOOL LANE, 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 31 SCHOOL LANE). 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.
31 SCHOOL LANE is located in QUEDGELEY, in the GL2 postcode district. The below map shows the position of No. 31 on SCHOOL LANE.