38, VULCAN WAY, ABBEYMEAD, GLOUCESTER, GL4 5JQ - £290,000

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

38 VULCAN WAY is a very small extended detached house of 84m², built sometime between 1996 and 2002. It was last sold for £290,000 in March 2021, which was around 19% below the average March 2021 detached price in the Gloucester local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

38 VULCAN WAY Sold Prices

Land registry data shows four sales for 38 VULCAN WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Gloucester local authority area for the corresponding sale date. All of the four 38 VULCAN 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
2021 17 MAR	£290,000	£359,974	19% below HPI
2006 16 MAR	£192,500	£232,580	17% below HPI
2001 30 MAR	£105,000	£130,434	19% below HPI
1997 5 DEC	£73,500	£86,626	15% below HPI

38 VULCAN 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 four 38 VULCAN WAY sales between December 1997 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 March 2006 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the March 2021 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 38 VULCAN WAY?

38 VULCAN WAY is 84m², which includes one extension, according to the EPC inspection conducted in August 2020. 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 VULCAN WAY lies on this distribution: 16% of detached houses are smaller than 38 VULCAN WAY, and 84% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

38 VULCAN WAY: Plot and Title Map

38 VULCAN WAY sits on a plot of roughly 0.059 of an acre, or 237m². The below map shows the location of 38 VULCAN 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 VULCAN 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 VULCAN WAY?

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