341B, LONGFORD LANE, LONGFORD, GLOUCESTER, GL2 9EL - £292,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

341B LONGFORD LANE is a very small detached house of 85m², built sometime between 2007 and 2011. It was last sold for £292,500 in March 2021, which was around 35% below the average March 2021 detached price in the Tewkesbury local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was B.

341B LONGFORD LANE Sold Prices

Land registry data shows three sales for 341B LONGFORD LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Tewkesbury local authority area for the corresponding sale date. All of the three 341B LONGFORD 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
2021 24 MAR	£292,500	£447,794	35% below HPI
2018 3 OCT	£294,000	£430,553	32% below HPI
2010 4 NOV	£193,000	£299,049	35% below HPI

341B LONGFORD LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tewkesbury local authority area over time, sourced from the HPI. The three 341B LONGFORD LANE sales between November 2010 and March 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 October 2018 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the March 2021 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 341B LONGFORD LANE?

341B LONGFORD LANE is 85m² according to the EPC inspection conducted in October 2020. This puts it in the smallest 10% of detached houses in Longford, based on EPC data. The below chart shows the distribution of detached houses by size in Longford, and where 341B LONGFORD LANE lies on this distribution: 8% of detached houses are smaller than 341B LONGFORD LANE, and 92% of houses are larger. Note that EPC data is not available for all properties in Longford.

341B LONGFORD LANE: Plot and Title Map

341B LONGFORD LANE sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 341B LONGFORD 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 341B LONGFORD 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 341B LONGFORD LANE?

341B LONGFORD LANE is located in LONGFORD, in the GL2 postcode district. The below map shows the position of No. 341B on LONGFORD LANE.