4, TOWER CLOSE, BARNWOOD, GLOUCESTER, GL4 3EL - £365,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 TOWER CLOSE is a small extended detached house of 95m², built sometime between 1983 and 1990, which could now be worth an estimated £405,424. It was last sold for £365,000 in October 2021, which was around 1% below the average October 2021 detached price in the Gloucester local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was B.

4 TOWER CLOSE Sold Prices

Land registry data shows two sales for 4 TOWER 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. Both of the two 4 TOWER 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
2021 28 OCT	£365,000	£370,382	1% below HPI
2017 19 DEC	£260,000	£310,014	16% below HPI

4 TOWER 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 TOWER CLOSE sales from December 2017 and October 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 December 2017 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the October 2021 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 4 TOWER CLOSE be worth now?

4 TOWER CLOSE might now be worth an estimated £405,424.

This is based on house price inflation of 11.1%, between October 2021 and February 2025, 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 11.1% inflationary increase is applied to the most recent sale price for 4 TOWER CLOSE of £365,000 on 28th October 2021. For the value to have increased from £365,000 to £405,424 over the four years and eight months to February 2025, the following assumptions must hold true:

• The value of 4 TOWER CLOSE has moved in line with the HPI for detached houses in the Gloucester local authority area.
• The October 2021 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 4 TOWER CLOSE has not materially changed since October 2021.

How Large is 4 TOWER CLOSE?

4 TOWER CLOSE is 95m², which includes one extension, according to the EPC inspection conducted in July 2017. 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 TOWER CLOSE lies on this distribution: 27% of detached houses houses are smaller than 4 TOWER CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

4 TOWER CLOSE: Plot and Title Map

4 TOWER CLOSE sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of 4 TOWER 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 TOWER 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 TOWER CLOSE?

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