48, PAYGROVE LANE, LONGLEVENS, GLOUCESTER, GL2 0AU - £325,000

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

48 PAYGROVE LANE is a midsized detached house of 117m², built sometime between 1996 and 2002. It was last sold for £325,000 in December 2020, which was around 9% below the average December 2020 detached price in the Gloucester local authority area. The most recent EPC inspection was March 2009, where the current energy rating was D, and the potential energy rating was C.

48 PAYGROVE LANE Sold Prices

Land registry data shows five sales for 48 PAYGROVE LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Gloucester local authority area for the corresponding sale date. Most of the five 48 PAYGROVE LANE 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
2020 18 DEC	£325,000	£357,794	9% below HPI
2009 30 JUL	£232,500	£207,780	12% above HPI
2003 14 NOV	£185,000	£202,518	9% below HPI
2001 2 APR	£126,000	£131,688	4% below HPI
2000 31 OCT	£137,500	£128,131	7% above HPI

48 PAYGROVE LANE 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 five 48 PAYGROVE LANE sales between October 2000 and December 2020 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 2009 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the December 2020 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 48 PAYGROVE LANE?

48 PAYGROVE LANE is 117m² according to the EPC inspection conducted in March 2009. This puts it in the largest 50% of detached houses in Gloucester, based on EPC data. The below chart shows the distribution of detached houses by size in Gloucester, and where 48 PAYGROVE LANE lies on this distribution: 55% of detached houses are smaller than 48 PAYGROVE LANE, and 45% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

48 PAYGROVE LANE: Plot and Title Map

48 PAYGROVE LANE sits on a plot of roughly 0.103 of an acre, or 417m². The below map shows the location of 48 PAYGROVE 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 48 PAYGROVE 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.

Where is 48 PAYGROVE LANE?

48 PAYGROVE LANE is located in LONGLEVENS, in the GL2 postcode district. The below map shows the position of No. 48 on PAYGROVE LANE.