8, LION CLOSE, QUEDGELEY, GLOUCESTER, GL2 4SJ - £197,500

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 LION CLOSE is a very small extended detached house of 73m², built sometime between 1996 and 2002, which could now be worth an estimated £367,009. It was last sold for £197,500 in November 2013, which was around 13% below the average November 2013 detached price in the Gloucester local authority area. The most recent EPC inspection was July 2013, where the current energy rating was C, and the potential energy rating was B.

8 LION CLOSE Sold Prices

Land registry data shows five sales for 8 LION CLOSE 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 8 LION 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
2013 15 NOV	£197,500	£226,569	13% below HPI
2006 12 MAY	£185,000	£221,221	16% below HPI
2004 13 FEB	£164,950	£198,373	17% below HPI
2001 20 JUL	£110,500	£132,928	17% below HPI
1998 23 NOV	£83,750	£89,097	6% below HPI

8 LION 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 five 8 LION CLOSE sales between November 1998 and November 2013 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 May 2006 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the November 2013 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 8 LION CLOSE be worth now?

8 LION CLOSE might now be worth an estimated £367,009.

This is based on house price inflation of 85.8%, between November 2013 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 85.8% inflationary increase is applied to the most recent sale price for 8 LION CLOSE of £197,500 on 15th November 2013. For the value to have increased from £197,500 to £367,009 over the ten years and eleven months to December 2024, the following assumptions must hold true:

• The value of 8 LION CLOSE has moved in line with the HPI for detached houses in the Gloucester local authority area.
• The November 2013 sale price of £197,500 represented a fair market value for the property.
• The size, condition, and specification of 8 LION CLOSE has not materially changed since November 2013.

How Large is 8 LION CLOSE?

8 LION CLOSE is 73m², which includes one extension, according to the EPC inspection conducted in July 2013. This puts it in the smallest 10% 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 8 LION CLOSE lies on this distribution: 9% of detached houses houses are smaller than 8 LION CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Quedgeley.

8 LION CLOSE: Plot and Title Map

8 LION CLOSE sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 8 LION 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 LION 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 LION CLOSE?

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