7, PARK DRIVE, QUEDGELEY, GLOUCESTER, GL2 4TD - £195,000

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.

7 PARK DRIVE is a very small detached house of 79m², built sometime between 1983 and 1990, which could now be worth an estimated £399,027. It was last sold for £195,000 in June 2009, which was around 2% below the average June 2009 detached price in the Gloucester local authority area. The most recent EPC inspection was May 2009, where the current energy rating was D, and the potential energy rating was C.

7 PARK DRIVE Sold Prices

Land registry data shows two sales for 7 PARK DRIVE 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 7 PARK DRIVE 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
2009 12 JUN	£195,000	£198,662	2% below HPI
2006 11 AUG	£219,950	£226,941	3% below HPI

7 PARK DRIVE 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 7 PARK DRIVE sales from August 2006 and June 2009 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 August 2006 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the June 2009 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 7 PARK DRIVE be worth now?

7 PARK DRIVE might now be worth an estimated £399,027.

This is based on house price inflation of 104.6%, between June 2009 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 104.6% inflationary increase is applied to the most recent sale price for 7 PARK DRIVE of £195,000 on 12th June 2009. For the value to have increased from £195,000 to £399,027 over the sixteen years and three months to March 2025, the following assumptions must hold true:

• The value of 7 PARK DRIVE has moved in line with the HPI for detached houses in the Gloucester local authority area.
• The June 2009 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 7 PARK DRIVE has not materially changed since June 2009.

How Large is 7 PARK DRIVE?

7 PARK DRIVE is 79m² according to the EPC inspection conducted in May 2009. This puts it in the smallest 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 PARK DRIVE lies on this distribution: 17% of detached houses houses are smaller than 7 PARK DRIVE, and 83% of houses are larger. Note that EPC data is not available for all properties in Quedgeley.

7 PARK DRIVE: Plot and Title Map

7 PARK DRIVE sits on a plot of roughly 0.147 of an acre, or 595m². The below map shows the location of 7 PARK DRIVE, 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 PARK DRIVE). 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 PARK DRIVE?

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