61, RESERVOIR ROAD, GLOUCESTER, GL4 6RX - £240,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

61 RESERVOIR ROAD is a small extended detached house of 92m², built sometime between 1976 and 1982. It was last sold for £240,000 in June 2017, which was around 19% below the average June 2017 detached price in the Gloucester local authority area. The most recent EPC inspection was May 2012, where the current energy rating was C, and the potential energy rating was B.

61 RESERVOIR ROAD Sold Prices

Land registry data shows three sales for 61 RESERVOIR ROAD 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 61 RESERVOIR ROAD 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
2017 26 JUN	£240,000	£294,496	19% below HPI
2013 6 DEC	£182,500	£229,951	21% below HPI
2011 7 JUN	£130,000	£219,969	41% below HPI

61 RESERVOIR ROAD 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 61 RESERVOIR ROAD sales between June 2011 and June 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 December 2013 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the June 2017 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 61 RESERVOIR ROAD be worth now?

61 RESERVOIR ROAD might now be worth an estimated £343,117.

This is based on house price inflation of 43%, between June 2017 and December 2024, 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 43% inflationary increase is applied to the most recent sale price for 61 RESERVOIR ROAD of £240,000 on 26th June 2017. For the value to have increased from £240,000 to £343,117 over the six years and six months to December 2024, the following assumptions must hold true:

• The value of 61 RESERVOIR ROAD has moved in line with the HPI for detached houses in the Gloucester local authority area.
• The June 2017 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 61 RESERVOIR ROAD has not materially changed since June 2017.

How Large is 61 RESERVOIR ROAD?

61 RESERVOIR ROAD is 92m², which includes one extension, according to the EPC inspection conducted in May 2012. This puts it in the smallest 30% 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 61 RESERVOIR ROAD lies on this distribution: 24% of detached houses houses are smaller than 61 RESERVOIR ROAD, and 75% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

61 RESERVOIR ROAD: Plot and Title Map

61 RESERVOIR ROAD sits on a plot of roughly 0.119 of an acre, or 480m². The below map shows the location of 61 RESERVOIR ROAD, 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 61 RESERVOIR ROAD). 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 61 RESERVOIR ROAD?

61 RESERVOIR ROAD is located in GLOUCESTER, in the GL4 postcode district. The below map shows the position of No. 61 on RESERVOIR ROAD.