4, DRYDOCK WAY, HEMPSTED, GLOUCESTER, GL2 5FX - £247,000

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

4 DRYDOCK WAY is a small detached house of 89m², built sometime between 2007 and 2011, which could now be worth an estimated £315,685. It was last sold for £247,000 in November 2019, which was around 25% below the average November 2019 detached price in the Gloucester local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was B.

4 DRYDOCK WAY Sold Prices

Land registry data shows two sales for 4 DRYDOCK WAY 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 4 DRYDOCK 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
2019 29 NOV	£247,000	£329,422	25% below HPI
2017 28 JUL	£242,500	£294,927	18% below HPI

4 DRYDOCK 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 two 4 DRYDOCK WAY sales from July 2017 and November 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 July 2017 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the November 2019 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 4 DRYDOCK WAY be worth now?

4 DRYDOCK WAY might now be worth an estimated £315,685.

This is based on house price inflation of 27.8%, between November 2019 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 27.8% inflationary increase is applied to the most recent sale price for 4 DRYDOCK WAY of £247,000 on 29th November 2019. For the value to have increased from £247,000 to £315,685 over the four years and eleven months to December 2024, the following assumptions must hold true:

• The value of 4 DRYDOCK WAY has moved in line with the HPI for detached houses in the Gloucester local authority area.
• The November 2019 sale price of £247,000 represented a fair market value for the property.
• The size, condition, and specification of 4 DRYDOCK WAY has not materially changed since November 2019.

How Large is 4 DRYDOCK WAY?

4 DRYDOCK WAY is 89m² according to the EPC inspection conducted in March 2024. This puts it in the smallest 30% 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 4 DRYDOCK WAY lies on this distribution: 20% of detached houses houses are smaller than 4 DRYDOCK WAY, and 79% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

4 DRYDOCK WAY: Plot and Title Map

4 DRYDOCK WAY sits on a plot of roughly 0.048 of an acre, or 193m². The below map shows the location of 4 DRYDOCK 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 4 DRYDOCK 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 4 DRYDOCK WAY?

4 DRYDOCK WAY is located in HEMPSTED, in the GL2 postcode district. The below map shows the position of No. 4 on DRYDOCK WAY.