48, SPENCER CLOSE, HUCCLECOTE, GLOUCESTER, GL3 3EA - £219,000

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

48 SPENCER CLOSE is a very small semi-detached house of 82m², built sometime between 1950 and 1966, which could now be worth an estimated £283,857. It was last sold for £219,000 in July 2020, which was around 2% above the average July 2020 semi-detached price in the Gloucester local authority area. The most recent EPC inspection was February 2018, where the current energy rating was E, and the potential energy rating was B.

48 SPENCER CLOSE Sold Prices

Land registry data shows two sales for 48 SPENCER CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Gloucester local authority area for the corresponding sale date. One of the two 48 SPENCER CLOSE 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
2020 31 JUL	£219,000	£214,725	2% above HPI
2018 26 JUN	£175,000	£206,789	15% below HPI

48 SPENCER CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Gloucester local authority area over time, sourced from the HPI. The two 48 SPENCER CLOSE sales from June 2018 and July 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 June 2018 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the July 2020 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 48 SPENCER CLOSE be worth now?

48 SPENCER CLOSE might now be worth an estimated £283,857.

This is based on house price inflation of 29.6%, between July 2020 and December 2024, for semi-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 29.6% inflationary increase is applied to the most recent sale price for 48 SPENCER CLOSE of £219,000 on 31st July 2020. For the value to have increased from £219,000 to £283,857 over the three years and seven months to December 2024, the following assumptions must hold true:

• The value of 48 SPENCER CLOSE has moved in line with the HPI for semi-detached houses in the Gloucester local authority area.
• The July 2020 sale price of £219,000 represented a fair market value for the property.
• The size, condition, and specification of 48 SPENCER CLOSE has not materially changed since July 2020.

How Large is 48 SPENCER CLOSE?

48 SPENCER CLOSE is 82m² according to the EPC inspection conducted in February 2018. This puts it in the smallest 20% of semi-detached houses houses in Gloucester, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Gloucester, and where 48 SPENCER CLOSE lies on this distribution: 14% of semi-detached houses houses are smaller than 48 SPENCER CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

48 SPENCER CLOSE: Plot and Title Map

48 SPENCER CLOSE sits on a plot of roughly 0.045 of an acre, or 182m². The below map shows the location of 48 SPENCER 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 48 SPENCER 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.

Where is 48 SPENCER CLOSE?

48 SPENCER CLOSE is located in HUCCLECOTE, in the GL3 postcode district. The below map shows the position of No. 48 on SPENCER CLOSE.