4, MINERVA CLOSE, ABBEYMEAD, GLOUCESTER, GL4 5JD - £320,000

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 MINERVA CLOSE is a very small detached house of 78m², built sometime between 1983 and 1990. It was last sold for £320,000 in June 2023, which was around 21% below the average June 2023 detached price in the Gloucester local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was C.

4 MINERVA CLOSE Sold Prices

Land registry data shows four sales for 4 MINERVA CLOSE 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 4 MINERVA CLOSE 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
2023 2 JUN	£320,000	£404,823	21% below HPI
2018 16 JUL	£245,000	£315,370	22% below HPI
2014 5 DEC	£205,000	£252,629	19% below HPI
2000 20 APR	£91,995	£110,713	17% below HPI

4 MINERVA 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 four 4 MINERVA CLOSE sales between April 2000 and June 2023 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 2018 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the June 2023 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 4 MINERVA CLOSE be worth now?

4 MINERVA CLOSE might now be worth an estimated £332,809.

This is based on house price inflation of 4%, between June 2023 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 4% inflationary increase is applied to the most recent sale price for 4 MINERVA CLOSE of £320,000 on 2nd June 2023. For the value to have increased from £320,000 to £332,809 over the six months to December 2024, the following assumptions must hold true:

• The value of 4 MINERVA CLOSE has moved in line with the HPI for detached houses in the Gloucester local authority area.
• The June 2023 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 4 MINERVA CLOSE has not materially changed since June 2023.

How Large is 4 MINERVA CLOSE?

4 MINERVA CLOSE is 78m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 20% 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 MINERVA CLOSE lies on this distribution: 11% of detached houses houses are smaller than 4 MINERVA CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

4 MINERVA CLOSE: Plot and Title Map

4 MINERVA CLOSE sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 4 MINERVA 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 MINERVA 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 MINERVA CLOSE?

4 MINERVA CLOSE is located in ABBEYMEAD, in the GL4 postcode district. The below map shows the position of No. 4 on MINERVA CLOSE.