39, HEMPSTED LANE, GLOUCESTER, GL2 5JS - £375,000

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

39 HEMPSTED LANE is a small extended detached house of 98m², built sometime between 1967 and 1975. It was last sold for £375,000 in June 2019, which was around 14% above the average June 2019 detached price in the Gloucester local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was C.

39 HEMPSTED LANE Sold Prices

Land registry data shows two sales for 39 HEMPSTED 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 39 HEMPSTED 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
2019 14 JUN	£375,000	£330,350	14% above HPI
1997 21 OCT	£115,000	£85,721	34% above HPI

39 HEMPSTED 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 39 HEMPSTED LANE sales from October 1997 and June 2019 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 1997 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the June 2019 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 39 HEMPSTED LANE?

39 HEMPSTED LANE is 98m², which includes one extension, according to the EPC inspection conducted in January 2019. This puts it in the smallest 40% of detached houses in Gloucester, based on EPC data. The below chart shows the distribution of detached houses by size in Gloucester, and where 39 HEMPSTED LANE lies on this distribution: 31% of detached houses are smaller than 39 HEMPSTED LANE, and 68% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

39 HEMPSTED LANE: Plot and Title Map

39 HEMPSTED LANE sits on a plot of roughly 0.180 of an acre, or 727m². The below map shows the location of 39 HEMPSTED 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 39 HEMPSTED 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 39 HEMPSTED LANE?

39 HEMPSTED LANE is located in GLOUCESTER, in the GL2 postcode district. The below map shows the position of No. 39 on HEMPSTED LANE.