5, VERNAL CLOSE, ABBEYMEAD, GLOUCESTER, GL4 5FW - £506,500

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 VERNAL CLOSE is a very large extended detached house of 155m², built sometime between 1983 and 1990. It was last sold for £506,500 in January 2023, which was around 23% above the average January 2023 detached price in the Gloucester local authority area. The most recent EPC inspection was September 2021, where the current energy rating was B, and the potential energy rating was B.

5 VERNAL CLOSE Sold Prices

Land registry data shows two sales for 5 VERNAL 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 VERNAL CLOSE sales were for above 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
2023 20 JAN	£506,500	£410,257	23% above HPI
2003 1 DEC	£211,000	£195,794	8% above HPI

5 VERNAL 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 VERNAL CLOSE sales from December 2003 and January 2023 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 December 2003 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the January 2023 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 5 VERNAL CLOSE be worth now?

5 VERNAL CLOSE might now be worth an estimated £519,797.

This is based on house price inflation of 2.6%, between January 2023 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 2.6% inflationary increase is applied to the most recent sale price for 5 VERNAL CLOSE of £506,500 on 20th January 2023. For the value to have increased from £506,500 to £519,797 over the one month to December 2024, the following assumptions must hold true:

• The value of 5 VERNAL CLOSE has moved in line with the HPI for detached houses in the Gloucester local authority area.
• The January 2023 sale price of £506,500 represented a fair market value for the property.
• The size, condition, and specification of 5 VERNAL CLOSE has not materially changed since January 2023.

How Large is 5 VERNAL CLOSE?

5 VERNAL CLOSE is 155m², which includes one extension, according to the EPC inspection conducted in September 2021. This puts it in the largest 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 VERNAL CLOSE lies on this distribution: 86% of detached houses houses are smaller than 5 VERNAL CLOSE, and 13% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

5 VERNAL CLOSE: Plot and Title Map

5 VERNAL CLOSE sits on a plot of roughly 0.082 of an acre, or 330m². The below map shows the location of 5 VERNAL 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 VERNAL 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 VERNAL CLOSE?

5 VERNAL CLOSE is located in ABBEYMEAD, in the GL4 postcode district. The below map shows the position of No. 5 on VERNAL CLOSE.