34, SIMS LANE, QUEDGELEY, GLOUCESTER, GL2 3NJ - £400,000

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.

34 SIMS LANE is a very large extended detached house of 143m², built sometime between 1930 and 1949, which could now be worth an estimated £499,904. It was last sold for £400,000 in July 2020, which was around 22% above the average July 2020 detached price in the Gloucester local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was B.

34 SIMS LANE Sold Prices

Land registry data shows two sales for 34 SIMS LANE 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 34 SIMS LANE 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
2020 10 JUL	£400,000	£329,185	22% above HPI
2007 10 JUL	£265,000	£251,031	6% above HPI

34 SIMS LANE 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 34 SIMS LANE sales from July 2007 and July 2020 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 2007 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the July 2020 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might 34 SIMS LANE be worth now?

34 SIMS LANE might now be worth an estimated £499,904.

This is based on house price inflation of 25%, between July 2020 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 25% inflationary increase is applied to the most recent sale price for 34 SIMS LANE of £400,000 on 10th July 2020. For the value to have increased from £400,000 to £499,904 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of 34 SIMS LANE has moved in line with the HPI for detached houses in the Gloucester local authority area.
• The July 2020 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 34 SIMS LANE has not materially changed since July 2020.

How Large is 34 SIMS LANE?

34 SIMS LANE is 143m², which includes one extension, according to the EPC inspection conducted in July 2018. This puts it in the largest 20% 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 34 SIMS LANE lies on this distribution: 89% of detached houses houses are smaller than 34 SIMS LANE, and 10% of houses are larger. Note that EPC data is not available for all properties in Quedgeley.

34 SIMS LANE: Plot and Title Map

34 SIMS LANE sits on a plot of roughly 0.189 of an acre, or 764m². The below map shows the location of 34 SIMS 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 34 SIMS 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.

Where is 34 SIMS LANE?

34 SIMS LANE is located in QUEDGELEY, in the GL2 postcode district. The below map shows the position of No. 34 on SIMS LANE.