40, CONCORDE WAY, GLOUCESTER, GL4 4PT - £210,000

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

40 CONCORDE WAY is a small extended detached house of 95m², built sometime between 1967 and 1975. It was last sold for £210,000 in March 2019, which was around 35% below the average March 2019 detached price in the Gloucester local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.

40 CONCORDE WAY Sold Prices

Land registry data shows two sales for 40 CONCORDE 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 40 CONCORDE 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 14 MAR	£210,000	£325,289	35% below HPI
2012 23 MAY	£140,000	£218,720	36% below HPI

40 CONCORDE 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 40 CONCORDE WAY sales from May 2012 and March 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 May 2012 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the March 2019 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 40 CONCORDE WAY be worth now?

40 CONCORDE WAY might now be worth an estimated £271,807.

This is based on house price inflation of 29.4%, between March 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 29.4% inflationary increase is applied to the most recent sale price for 40 CONCORDE WAY of £210,000 on 14th March 2019. For the value to have increased from £210,000 to £271,807 over the four years and three months to December 2024, the following assumptions must hold true:

• The value of 40 CONCORDE WAY has moved in line with the HPI for detached houses in the Gloucester local authority area.
• The March 2019 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 40 CONCORDE WAY has not materially changed since March 2019.

How Large is 40 CONCORDE WAY?

40 CONCORDE WAY is 95m², which includes one extension, according to the EPC inspection conducted in April 2022. 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 40 CONCORDE WAY lies on this distribution: 27% of detached houses houses are smaller than 40 CONCORDE WAY, and 72% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

40 CONCORDE WAY: Plot and Title Map

40 CONCORDE WAY sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 40 CONCORDE 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 40 CONCORDE 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 40 CONCORDE WAY?

40 CONCORDE WAY is located in GLOUCESTER, in the GL4 postcode district. The below map shows the position of No. 40 on CONCORDE WAY.