40, SPRING MEADOW RISE, GLOUCESTER, GL2 5NA - £558,000

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 SPRING MEADOW RISE is a very large detached house of 168m². It was last sold for £558,000 in October 2023, which was around 38% above the average October 2023 detached price in the Gloucester local authority area. The most recent EPC inspection was March 2020, where the current energy rating was B, and the potential energy rating was A.

40 SPRING MEADOW RISE Sold Prices

Land registry data shows two sales for 40 SPRING MEADOW RISE 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 SPRING MEADOW RISE sales were 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
2023 26 OCT	£558,000	£405,265	38% above HPI
2020 26 JUN	£495,000	£328,111	51% above HPI

40 SPRING MEADOW RISE 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 SPRING MEADOW RISE sales from June 2020 and October 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 June 2020 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the October 2023 sale, where it falls to 38% above the HPI. The line then continues to track at 38% above the HPI.

What might 40 SPRING MEADOW RISE be worth now?

40 SPRING MEADOW RISE might now be worth an estimated £579,702.

This is based on house price inflation of 3.9%, between October 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 3.9% inflationary increase is applied to the most recent sale price for 40 SPRING MEADOW RISE of £558,000 on 26th October 2023. For the value to have increased from £558,000 to £579,702 over the ten months to December 2024, the following assumptions must hold true:

• The value of 40 SPRING MEADOW RISE has moved in line with the HPI for detached houses in the Gloucester local authority area.
• The October 2023 sale price of £558,000 represented a fair market value for the property.
• The size, condition, and specification of 40 SPRING MEADOW RISE has not materially changed since October 2023.

How Large is 40 SPRING MEADOW RISE?

40 SPRING MEADOW RISE is 168m² according to the EPC inspection conducted in March 2020. This puts it in the largest 10% 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 SPRING MEADOW RISE lies on this distribution: 91% of detached houses houses are smaller than 40 SPRING MEADOW RISE, and 9% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

40 SPRING MEADOW RISE: Plot and Title Map

40 SPRING MEADOW RISE sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 40 SPRING MEADOW RISE, 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 SPRING MEADOW RISE). 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 SPRING MEADOW RISE?

40 SPRING MEADOW RISE is located in GLOUCESTER, in the GL2 postcode district. The below map shows the position of No. 40 on SPRING MEADOW RISE.