38, CONCORDE WAY, GLOUCESTER, GL4 4PT - £217,500

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

38 CONCORDE WAY is a very small detached house of 83m², built sometime between 1976 and 1982. It was last sold for £217,500 in March 2018, which was around 33% below the average March 2018 detached price in the Gloucester local authority area. The most recent EPC inspection was February 2019, where the current energy rating was C, and the potential energy rating was B.

38 CONCORDE WAY Sold Prices

Land registry data shows three sales for 38 CONCORDE WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gloucester local authority area for the corresponding sale date. All of the three 38 CONCORDE WAY 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 7 MAR	£217,500	£323,812	33% below HPI
2002 31 JUL	£122,500	£167,809	27% below HPI
1998 24 JUL	£62,500	£89,855	30% below HPI

38 CONCORDE WAY 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 three 38 CONCORDE WAY sales between July 1998 and March 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 July 2002 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the March 2018 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 38 CONCORDE WAY?

38 CONCORDE WAY is 83m² according to the EPC inspection conducted in February 2019. This puts it in the smallest 20% of detached houses in Gloucester, based on EPC data. The below chart shows the distribution of detached houses by size in Gloucester, and where 38 CONCORDE WAY lies on this distribution: 15% of detached houses are smaller than 38 CONCORDE WAY, and 84% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

38 CONCORDE WAY: Plot and Title Map

38 CONCORDE WAY sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 38 CONCORDE WAY, 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 38 CONCORDE WAY). 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 38 CONCORDE WAY?

38 CONCORDE WAY is located in GLOUCESTER, in the GL4 postcode district. The below map shows the position of No. 38 on CONCORDE WAY.