37, WHARFSIDE CLOSE, HEMPSTED, GLOUCESTER, GL2 5FB - £215,000

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

37 WHARFSIDE CLOSE is a very small detached house of 83m². It was last sold for £215,000 in August 2015, which was around 18% below the average August 2015 detached price in the Gloucester local authority area. The most recent EPC inspection was February 2011, where the current energy rating was B, and the potential energy rating was B.

37 WHARFSIDE CLOSE Sold Prices

Land registry data shows two sales for 37 WHARFSIDE 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 37 WHARFSIDE 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
2015 28 AUG	£215,000	£261,190	18% below HPI
2011 28 APR	£175,702	£218,355	20% below HPI

37 WHARFSIDE 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 37 WHARFSIDE CLOSE sales from April 2011 and August 2015 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 April 2011 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the August 2015 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 37 WHARFSIDE CLOSE be worth now?

37 WHARFSIDE CLOSE might now be worth an estimated £346,571.

This is based on house price inflation of 61.2%, between August 2015 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 61.2% inflationary increase is applied to the most recent sale price for 37 WHARFSIDE CLOSE of £215,000 on 28th August 2015. For the value to have increased from £215,000 to £346,571 over the eight years and eight months to December 2024, the following assumptions must hold true:

• The value of 37 WHARFSIDE CLOSE has moved in line with the HPI for detached houses in the Gloucester local authority area.
• The August 2015 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 37 WHARFSIDE CLOSE has not materially changed since August 2015.

How Large is 37 WHARFSIDE CLOSE?

37 WHARFSIDE CLOSE is 83m² according to the EPC inspection conducted in February 2011. This puts it in the smallest 20% of detached houses houses in Gloucester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gloucester, and where 37 WHARFSIDE CLOSE lies on this distribution: 15% of detached houses houses are smaller than 37 WHARFSIDE CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

37 WHARFSIDE CLOSE: Plot and Title Map

37 WHARFSIDE CLOSE sits on a plot of roughly 0.046 of an acre, or 186m². The below map shows the location of 37 WHARFSIDE 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 37 WHARFSIDE 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 37 WHARFSIDE CLOSE?

37 WHARFSIDE CLOSE is located in HEMPSTED, in the GL2 postcode district. The below map shows the position of No. 37 on WHARFSIDE CLOSE.