4, ALDER CLOSE, GLOUCESTER, GL2 9LB - £365,000

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

4 ALDER CLOSE is a midsized detached house of 110m², built sometime between 1983 and 1990. It was last sold for £365,000 in May 2021, which was about the average May 2021 detached price in the Gloucester local authority area. The most recent EPC inspection was January 2021, where the current energy rating was D, and the potential energy rating was B.

4 ALDER CLOSE Sold Prices

Land registry data shows two sales for 4 ALDER 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. One of the two 4 ALDER CLOSE sales was roughly equal to the average price, whilst the other was 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
2021 28 MAY	£365,000	£364,187	Close to HPI
2021 26 FEB	£365,000	£361,168	1% above HPI

4 ALDER 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 4 ALDER CLOSE sales from February 2021 and May 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 February 2021 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the May 2021 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 4 ALDER CLOSE?

4 ALDER CLOSE is 110m² according to the EPC inspection conducted in January 2021. This puts it in the smallest 50% of detached houses in Gloucester, based on EPC data. The below chart shows the distribution of detached houses by size in Gloucester, and where 4 ALDER CLOSE lies on this distribution: 44% of detached houses are smaller than 4 ALDER CLOSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

4 ALDER CLOSE: Plot and Title Map

4 ALDER CLOSE sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 4 ALDER 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 4 ALDER 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 4 ALDER CLOSE?

4 ALDER CLOSE is located in GLOUCESTER, in the GL2 postcode district. The below map shows the position of No. 4 on ALDER CLOSE.