Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
42 RUMSEY CLOSE is a very small detached house of 81m², built sometime between 1976 and 1982. It was last sold for £250,000 in July 2019, which was around 25% below the average July 2019 detached price in the Gloucester local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 42 RUMSEY CLOSE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gloucester local authority area for the corresponding sale date. All of the three 42 RUMSEY 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 |
---|---|---|---|
2019 26 JUL | £250,000 | £334,643 | 25% below HPI |
2016 14 MAR | £220,000 | £286,464 | 23% below HPI |
2004 27 AUG | £167,000 | £218,873 | 24% below HPI |
The below graph shows the average detached house price in the Gloucester local authority area over time, sourced from the HPI. The three 42 RUMSEY CLOSE sales between August 2004 and July 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 March 2016 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the July 2019 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.
42 RUMSEY CLOSE is 81m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 20% of detached houses in Gloucester, based on EPC data. The below chart shows the distribution of detached houses by size in Gloucester, and where 42 RUMSEY CLOSE lies on this distribution: 13% of detached houses are smaller than 42 RUMSEY CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Gloucester.
42 RUMSEY CLOSE sits on a plot of roughly 0.055 of an acre, or 223m². The below map shows the location of 42 RUMSEY 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 42 RUMSEY 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.
42 RUMSEY CLOSE is located in ABBEYDALE, in the GL4 postcode district. The below map shows the position of No. 42 on RUMSEY CLOSE.