Based on the November 2024 Price Paid Data (released on 2nd January 2025), the October 2024 House Price Index (released on 18th December 2024), and the October 2024 Energy Performance of Buildings Data (released on 28th November 2024). Sources
5 SPIRE WAY is a small extended detached house of 96m², built sometime between 1983 and 1990. It was last sold for £465,000 in September 2024, which was around 9% above the average September 2024 detached price in the Gloucester local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 5 SPIRE WAY 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 5 SPIRE WAY 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 |
---|---|---|---|
2024 2 SEP | £465,000 | £427,998 | 9% above HPI |
2004 26 NOV | £227,500 | £233,287 | 2% 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 5 SPIRE WAY sales from November 2004 and September 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 November 2004 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the September 2024 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.
5 SPIRE WAY is 96m², which includes two extensions, according to the EPC inspection conducted in March 2022. This puts it in the smallest 30% of detached houses in Gloucester, based on EPC data. The below chart shows the distribution of detached houses by size in Gloucester, and where 5 SPIRE WAY lies on this distribution: 29% of detached houses are smaller than 5 SPIRE WAY, and 70% of houses are larger. Note that EPC data is not available for all properties in Gloucester.
5 SPIRE WAY sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of 5 SPIRE WAY, 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 SPIRE WAY). 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.
5 SPIRE WAY is located in BARNWOOD, in the GL4 postcode district. The below map shows the position of No. 5 on SPIRE WAY.