7, IBIS WALK, QUEDGELEY, GLOUCESTER, GL2 4LA - £332,500

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.

7 IBIS WALK is a very large detached house of 138m², built sometime between 1991 and 1995, which could now be worth an estimated £471,492. It was last sold for £332,500 in March 2017, which was around 16% above the average March 2017 detached price in the Gloucester local authority area. The most recent EPC inspection was August 2010, where the current energy rating was D, and the potential energy rating was C.

7 IBIS WALK Sold Prices

Land registry data shows five sales for 7 IBIS WALK since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Gloucester local authority area for the corresponding sale date. All of the five 7 IBIS WALK 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
2017 23 MAR	£332,500	£286,682	16% above HPI
2011 23 SEP	£230,000	£216,977	6% above HPI
2005 3 OCT	£225,000	£215,261	5% above HPI
2003 11 DEC	£210,500	£195,794	8% above HPI
2002 29 NOV	£198,995	£180,337	10% above HPI

7 IBIS WALK 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 five 7 IBIS WALK sales between November 2002 and March 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 September 2011 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the March 2017 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 7 IBIS WALK be worth now?

7 IBIS WALK might now be worth an estimated £471,492.

This is based on house price inflation of 41.8%, between March 2017 and March 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 41.8% inflationary increase is applied to the most recent sale price for 7 IBIS WALK of £332,500 on 23rd March 2017. For the value to have increased from £332,500 to £471,492 over the eight years to March 2025, the following assumptions must hold true:

• The value of 7 IBIS WALK has moved in line with the HPI for detached houses in the Gloucester local authority area.
• The March 2017 sale price of £332,500 represented a fair market value for the property.
• The size, condition, and specification of 7 IBIS WALK has not materially changed since March 2017.

How Large is 7 IBIS WALK?

7 IBIS WALK is 138m² according to the EPC inspection conducted in August 2010. This puts it in the largest 20% of detached houses houses in Quedgeley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Quedgeley, and where 7 IBIS WALK lies on this distribution: 87% of detached houses houses are smaller than 7 IBIS WALK, and 13% of houses are larger. Note that EPC data is not available for all properties in Quedgeley.

7 IBIS WALK: Plot and Title Map

7 IBIS WALK sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 7 IBIS WALK, 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 7 IBIS WALK). 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 7 IBIS WALK?

7 IBIS WALK is located in QUEDGELEY, in the GL2 postcode district. The below map shows the position of No. 7 on IBIS WALK.