5, COLDRAY CLOSE, GLOUCESTER, GL1 3QT - £289,000

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

5 COLDRAY CLOSE is a very small extended detached house of 87m², built sometime between 1983 and 1990. It was last sold for £289,000 in August 2024, which was around 29% below the average August 2024 detached price in the Gloucester local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

5 COLDRAY CLOSE Sold Prices

Land registry data shows two sales for 5 COLDRAY CLOSE 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 5 COLDRAY 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
2024 27 AUG	£289,000	£404,660	29% below HPI
2001 19 JAN	£95,500	£121,731	22% below HPI

5 COLDRAY CLOSE 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 5 COLDRAY CLOSE sales from January 2001 and August 2024 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 January 2001 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the August 2024 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 5 COLDRAY CLOSE be worth now?

5 COLDRAY CLOSE might now be worth an estimated £300,689.

This is based on house price inflation of 4%, between August 2024 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 4% inflationary increase is applied to the most recent sale price for 5 COLDRAY CLOSE of £289,000 on 27th August 2024. For the value to have increased from £289,000 to £300,689 over the eight months to December 2024, the following assumptions must hold true:

• The value of 5 COLDRAY CLOSE has moved in line with the HPI for detached houses in the Gloucester local authority area.
• The August 2024 sale price of £289,000 represented a fair market value for the property.
• The size, condition, and specification of 5 COLDRAY CLOSE has not materially changed since August 2024.

How Large is 5 COLDRAY CLOSE?

5 COLDRAY CLOSE is 87m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the smallest 20% 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 5 COLDRAY CLOSE lies on this distribution: 18% of detached houses houses are smaller than 5 COLDRAY CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

5 COLDRAY CLOSE: Plot and Title Map

5 COLDRAY CLOSE sits on a plot of roughly 0.087 of an acre, or 354m². The below map shows the location of 5 COLDRAY 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 5 COLDRAY 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 5 COLDRAY CLOSE?

5 COLDRAY CLOSE is located in GLOUCESTER, in the GL1 postcode district. The below map shows the position of No. 5 on COLDRAY CLOSE.