45, WEDGWOOD DRIVE, LONGLEVENS, GLOUCESTER, GL2 0AD - £340,000

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

45 WEDGWOOD DRIVE is a very small detached house of 74m², built sometime between 1976 and 1982. It was last sold for £340,000 in April 2021, which was around 2% below the average April 2021 detached price in the Gloucester local authority area. The most recent EPC inspection was October 2011, where the current energy rating was E, and the potential energy rating was E.

45 WEDGWOOD DRIVE Sold Prices

Land registry data shows two sales for 45 WEDGWOOD DRIVE 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 45 WEDGWOOD DRIVE 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 16 APR	£340,000	£346,878	2% below HPI
2012 18 JUL	£192,500	£219,973	12% below HPI

45 WEDGWOOD DRIVE 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 45 WEDGWOOD DRIVE sales from July 2012 and April 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 July 2012 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the April 2021 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 45 WEDGWOOD DRIVE be worth now?

45 WEDGWOOD DRIVE might now be worth an estimated £412,679.

This is based on house price inflation of 21.4%, between April 2021 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 21.4% inflationary increase is applied to the most recent sale price for 45 WEDGWOOD DRIVE of £340,000 on 16th April 2021. For the value to have increased from £340,000 to £412,679 over the two years and four months to December 2024, the following assumptions must hold true:

• The value of 45 WEDGWOOD DRIVE has moved in line with the HPI for detached houses in the Gloucester local authority area.
• The April 2021 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 45 WEDGWOOD DRIVE has not materially changed since April 2021.

How Large is 45 WEDGWOOD DRIVE?

45 WEDGWOOD DRIVE is 74m² according to the EPC inspection conducted in October 2011. This puts it in the smallest 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 45 WEDGWOOD DRIVE lies on this distribution: 8% of detached houses houses are smaller than 45 WEDGWOOD DRIVE, and 92% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

45 WEDGWOOD DRIVE: Plot and Title Map

45 WEDGWOOD DRIVE sits on a plot of roughly 0.097 of an acre, or 394m². The below map shows the location of 45 WEDGWOOD DRIVE, 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 WEDGWOOD DRIVE). 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 45 WEDGWOOD DRIVE?

45 WEDGWOOD DRIVE is located in LONGLEVENS, in the GL2 postcode district. The below map shows the position of No. 45 on WEDGWOOD DRIVE.