6, PENNY CLOSE, LONGLEVENS, GLOUCESTER, GL2 0NP - £276,000

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.

6 PENNY CLOSE is a large extended detached house of 122m², built sometime between 1983 and 1990, which could now be worth an estimated £366,264. It was last sold for £276,000 in December 2017, which was around 11% below the average December 2017 detached price in the Gloucester local authority area. The most recent EPC inspection was January 2023, where the current energy rating was D, and the potential energy rating was B.

6 PENNY CLOSE Sold Prices

Land registry data shows three sales for 6 PENNY CLOSE 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. One of the three 6 PENNY CLOSE sales was for below the average price, whilst two 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
2017 19 DEC	£276,000	£310,014	11% below HPI
2010 26 MAR	£215,000	£203,470	6% above HPI
2001 4 SEP	£138,000	£136,743	1% above HPI

6 PENNY 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 three 6 PENNY CLOSE sales between September 2001 and December 2017 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 March 2010 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the December 2017 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 6 PENNY CLOSE be worth now?

6 PENNY CLOSE might now be worth an estimated £366,264.

This is based on house price inflation of 32.7%, between December 2017 and February 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 32.7% inflationary increase is applied to the most recent sale price for 6 PENNY CLOSE of £276,000 on 19th December 2017. For the value to have increased from £276,000 to £366,264 over the eight years and ten months to February 2025, the following assumptions must hold true:

• The value of 6 PENNY CLOSE has moved in line with the HPI for detached houses in the Gloucester local authority area.
• The December 2017 sale price of £276,000 represented a fair market value for the property.
• The size, condition, and specification of 6 PENNY CLOSE has not materially changed since December 2017.

How Large is 6 PENNY CLOSE?

6 PENNY CLOSE is 122m², which includes two extensions, according to the EPC inspection conducted in January 2023. This puts it in the largest 40% 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 6 PENNY CLOSE lies on this distribution: 61% of detached houses houses are smaller than 6 PENNY CLOSE, and 38% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

6 PENNY CLOSE: Plot and Title Map

6 PENNY CLOSE sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 6 PENNY 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 6 PENNY 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 6 PENNY CLOSE?

6 PENNY CLOSE is located in LONGLEVENS, in the GL2 postcode district. The below map shows the position of No. 6 on PENNY CLOSE.