Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
57 LONGFORD LANE is a large extended detached house of 124m², built sometime between 1930 and 1949. It was last sold for £550,000 in October 2022, which was around 29% above the average October 2022 detached price in the Gloucester local authority area. The most recent EPC inspection was April 2018, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows two sales for 57 LONGFORD LANE 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 57 LONGFORD LANE 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 |
---|---|---|---|
2022 21 OCT | £550,000 | £426,909 | 29% above HPI |
2019 31 MAY | £280,000 | £328,553 | 15% 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 57 LONGFORD LANE sales from May 2019 and October 2022 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 2019 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the October 2022 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.
57 LONGFORD LANE is 124m², which includes two extensions, according to the EPC inspection conducted in April 2018. This puts it in the largest 40% of detached houses in Gloucester, based on EPC data. The below chart shows the distribution of detached houses by size in Gloucester, and where 57 LONGFORD LANE lies on this distribution: 64% of detached houses are smaller than 57 LONGFORD LANE, and 36% of houses are larger. Note that EPC data is not available for all properties in Gloucester.
57 LONGFORD LANE sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of 57 LONGFORD 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 57 LONGFORD 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.
57 LONGFORD LANE is located in GLOUCESTER, in the GL2 postcode district. The below map shows the position of No. 57 on LONGFORD LANE.