Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
51 WELLESLEY STREET is a very small detached house of 59m², built sometime between 1996 and 2002. It was last sold for £224,300 in March 2024, which was around 48% below the average March 2024 detached price in the Gloucester local authority area. The most recent EPC inspection was May 2021, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 51 WELLESLEY STREET since 1st 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 51 WELLESLEY STREET 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 28 MAR | £224,300 | £427,965 | 48% below HPI |
2021 30 JUN | £195,000 | £365,325 | 47% below HPI |
1995 13 SEP | £43,000 | £77,580 | 45% below HPI |
The below graph shows the average detached house price in the Gloucester local authority area over time, sourced from the HPI. The three 51 WELLESLEY STREET sales between September 1995 and March 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 June 2021 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the March 2024 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.
51 WELLESLEY STREET is 59m² according to the EPC inspection conducted in May 2021. This puts it in the smallest 10% of detached houses in Gloucester, based on EPC data. The below chart shows the distribution of detached houses by size in Gloucester, and where 51 WELLESLEY STREET lies on this distribution: 2% of detached houses are smaller than 51 WELLESLEY STREET, and 97% of houses are larger. Note that EPC data is not available for all properties in Gloucester.
51 WELLESLEY STREET sits on a plot of roughly 0.052 of an acre, or 209m². The below map shows the location of 51 WELLESLEY STREET, 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 51 WELLESLEY STREET). 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.
51 WELLESLEY STREET is located in GLOUCESTER, in the GL1 postcode district. The below map shows the position of No. 51 on WELLESLEY STREET.