50, SCHOOL LANE, QUEDGELEY, GLOUCESTER, GL2 4WT - £173,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

50 SCHOOL LANE is a very small detached house of 72m², built sometime between 1976 and 1982, which could now be worth an estimated £354,376. It was last sold for £173,500 in July 2009, which was around 13% below the average July 2009 detached price in the Gloucester local authority area. The most recent EPC inspection was April 2009, where the current energy rating was E, and the potential energy rating was C.

50 SCHOOL LANE Sold Prices

Land registry data shows three sales for 50 SCHOOL LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gloucester local authority area for the corresponding sale date. All of the three 50 SCHOOL 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
2009 3 JUL	£173,500	£199,030	13% below HPI
2006 12 MAY	£177,750	£221,221	20% below HPI
2004 3 DEC	£163,500	£221,471	26% below HPI

50 SCHOOL 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 three 50 SCHOOL LANE sales between December 2004 and July 2009 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 May 2006 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the July 2009 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 50 SCHOOL LANE be worth now?

50 SCHOOL LANE might now be worth an estimated £354,376.

This is based on house price inflation of 104.3%, between July 2009 and March 2025, 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 104.3% inflationary increase is applied to the most recent sale price for 50 SCHOOL LANE of £173,500 on 3rd July 2009. For the value to have increased from £173,500 to £354,376 over the sixteen years and four months to March 2025, the following assumptions must hold true:

• The value of 50 SCHOOL LANE has moved in line with the HPI for detached houses in the Gloucester local authority area.
• The July 2009 sale price of £173,500 represented a fair market value for the property.
• The size, condition, and specification of 50 SCHOOL LANE has not materially changed since July 2009.

How Large is 50 SCHOOL LANE?

50 SCHOOL LANE is 72m² according to the EPC inspection conducted in April 2009. This puts it in the smallest 10% of detached houses houses in Quedgeley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Quedgeley, and where 50 SCHOOL LANE lies on this distribution: 8% of detached houses houses are smaller than 50 SCHOOL LANE, and 92% of houses are larger. Note that EPC data is not available for all properties in Quedgeley.

50 SCHOOL LANE: Plot and Title Map

50 SCHOOL LANE sits on a plot of roughly 0.137 of an acre, or 553m². The below map shows the location of 50 SCHOOL 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 50 SCHOOL 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 50 SCHOOL LANE?

50 SCHOOL LANE is located in QUEDGELEY, in the GL2 postcode district. The below map shows the position of No. 50 on SCHOOL LANE.