31, SPOONBILL CLOSE, QUEDGELEY, GLOUCESTER, GL2 4LB - £280,000

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.

31 SPOONBILL CLOSE is a small detached house of 89m², built sometime between 2003 and 2006, which could now be worth an estimated £357,557. It was last sold for £280,000 in December 2018, which was around 13% below the average December 2018 detached price in the Gloucester local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was B.

31 SPOONBILL CLOSE Sold Prices

Land registry data shows two sales for 31 SPOONBILL 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 31 SPOONBILL CLOSE 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
2018 12 DEC	£280,000	£322,166	13% below HPI
2003 17 OCT	£157,500	£194,664	19% below HPI

31 SPOONBILL 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 31 SPOONBILL CLOSE sales from October 2003 and December 2018 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 October 2003 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the December 2018 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 31 SPOONBILL CLOSE be worth now?

31 SPOONBILL CLOSE might now be worth an estimated £357,557.

This is based on house price inflation of 27.7%, between December 2018 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 27.7% inflationary increase is applied to the most recent sale price for 31 SPOONBILL CLOSE of £280,000 on 12th December 2018. For the value to have increased from £280,000 to £357,557 over the seven years and ten months to February 2025, the following assumptions must hold true:

• The value of 31 SPOONBILL CLOSE has moved in line with the HPI for detached houses in the Gloucester local authority area.
• The December 2018 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 31 SPOONBILL CLOSE has not materially changed since December 2018.

How Large is 31 SPOONBILL CLOSE?

31 SPOONBILL CLOSE is 89m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 30% 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 31 SPOONBILL CLOSE lies on this distribution: 29% of detached houses houses are smaller than 31 SPOONBILL CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Quedgeley.

31 SPOONBILL CLOSE: Plot and Title Map

31 SPOONBILL CLOSE sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 31 SPOONBILL 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 31 SPOONBILL 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 31 SPOONBILL CLOSE?

31 SPOONBILL CLOSE is located in QUEDGELEY, in the GL2 postcode district. The below map shows the position of No. 31 on SPOONBILL CLOSE.