8, HAZEL CLOSE, GLOUCESTER, GL2 0UQ - £107,500

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

8 HAZEL CLOSE is a very small detached house of 71m², built sometime between 1983 and 1990, which could now be worth an estimated £293,792. It was last sold for £107,500 in May 2002, which was around 29% below the average May 2002 detached price in the Gloucester local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

8 HAZEL CLOSE Sold Prices

Land registry data shows three sales for 8 HAZEL 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. All of the three 8 HAZEL CLOSE 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
2002 3 MAY	£107,500	£150,534	29% below HPI
2001 3 DEC	£95,000	£138,189	31% below HPI
1997 30 SEP	£60,000	£81,120	26% below HPI

8 HAZEL 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 8 HAZEL CLOSE sales between September 1997 and May 2002 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 2001 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the May 2002 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 8 HAZEL CLOSE be worth now?

8 HAZEL CLOSE might now be worth an estimated £293,792.

This is based on house price inflation of 173.3%, between May 2002 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 173.3% inflationary increase is applied to the most recent sale price for 8 HAZEL CLOSE of £107,500 on 3rd May 2002. For the value to have increased from £107,500 to £293,792 over the 23 years and three months to February 2025, the following assumptions must hold true:

• The value of 8 HAZEL CLOSE has moved in line with the HPI for detached houses in the Gloucester local authority area.
• The May 2002 sale price of £107,500 represented a fair market value for the property.
• The size, condition, and specification of 8 HAZEL CLOSE has not materially changed since May 2002.

How Large is 8 HAZEL CLOSE?

8 HAZEL CLOSE is 71m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 10% 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 8 HAZEL CLOSE lies on this distribution: 6% of detached houses houses are smaller than 8 HAZEL CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

8 HAZEL CLOSE: Plot and Title Map

8 HAZEL CLOSE sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 8 HAZEL 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 8 HAZEL 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 8 HAZEL CLOSE?

8 HAZEL CLOSE is located in GLOUCESTER, in the GL2 postcode district. The below map shows the position of No. 8 on HAZEL CLOSE.