Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
45 HEMPSTED LANE is a very large extended detached house of 171m², built sometime between 1930 and 1949. It was last sold for £279,500 in May 2009, which was around 35% above the average May 2009 detached price in the Gloucester local authority area. The most recent EPC inspection was June 2024, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 45 HEMPSTED LANE since 1st 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. One of the two 45 HEMPSTED LANE sales was for above the average price, whilst the other was 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 |
---|---|---|---|
2009 15 MAY | £279,500 | £206,511 | 35% above HPI |
1997 1 APR | £67,500 | £80,259 | 16% below HPI |
The below graph shows the average detached house price in the Gloucester local authority area over time, sourced from the HPI. The two 45 HEMPSTED LANE sales from April 1997 and May 2009 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 April 1997 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the May 2009 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.
45 HEMPSTED LANE is 171m², which includes three extensions, according to the EPC inspection conducted in June 2024. This puts it in the largest 10% of detached houses in Gloucester, based on EPC data. The below chart shows the distribution of detached houses by size in Gloucester, and where 45 HEMPSTED LANE lies on this distribution: 92% of detached houses are smaller than 45 HEMPSTED LANE, and 8% of houses are larger. Note that EPC data is not available for all properties in Gloucester.
45 HEMPSTED LANE sits on a plot of roughly 0.117 of an acre, or 475m². The below map shows the location of 45 HEMPSTED LANE, 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 45 HEMPSTED LANE). 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.
45 HEMPSTED LANE is located in GLOUCESTER, in the GL2 postcode district. The below map shows the position of No. 45 on HEMPSTED LANE.