55, HEMPSTED LANE, GLOUCESTER, GL2 5JS - £460,000

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

55 HEMPSTED LANE is a very large extended detached house of 198m², built sometime between 1983 and 1990. It was last sold for £460,000 in February 2019, which was around 35% above the average February 2019 detached price in the Gloucester local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was C.

55 HEMPSTED LANE Sold Prices

Land registry data shows two sales for 55 HEMPSTED LANE 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 55 HEMPSTED LANE 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
2019 5 FEB	£460,000	£339,788	35% above HPI
2016 21 JAN	£360,000	£285,240	26% above HPI

55 HEMPSTED 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 two 55 HEMPSTED LANE sales from January 2016 and February 2019 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 2016 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the February 2019 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.

How Large is 55 HEMPSTED LANE?

55 HEMPSTED LANE is 198m², which includes two extensions, according to the EPC inspection conducted in February 2016. This puts it in the largest 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 55 HEMPSTED LANE lies on this distribution: 96% of detached houses are smaller than 55 HEMPSTED LANE, and 4% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

55 HEMPSTED LANE: Plot and Title Map

55 HEMPSTED LANE sits on a plot of roughly 0.136 of an acre, or 549m². The below map shows the location of 55 HEMPSTED 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 55 HEMPSTED 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 55 HEMPSTED LANE?

55 HEMPSTED LANE is located in GLOUCESTER, in the GL2 postcode district. The below map shows the position of No. 55 on HEMPSTED LANE.