8, MILLBRIDGE ROAD, HUCCLECOTE, GLOUCESTER, GL3 3EG - £245,000

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.

8 MILLBRIDGE ROAD is a very small semi-detached house of 86m², built sometime between 1967 and 1975, which could now be worth an estimated £318,441. It was last sold for £245,000 in December 2018, which was around 17% above the average December 2018 semi-detached price in the Gloucester local authority area. The most recent EPC inspection was September 2010, where the current energy rating was E, and the potential energy rating was C.

8 MILLBRIDGE ROAD Sold Prices

Land registry data shows four sales for 8 MILLBRIDGE ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Gloucester local authority area for the corresponding sale date. All of the four 8 MILLBRIDGE ROAD 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
2018 18 DEC	£245,000	£208,784	17% above HPI
2011 14 OCT	£177,500	£140,243	27% above HPI
2002 24 MAY	£110,000	£92,213	19% above HPI
2000 16 JUN	£80,000	£70,436	14% above HPI

8 MILLBRIDGE ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Gloucester local authority area over time, sourced from the HPI. The four 8 MILLBRIDGE ROAD sales between June 2000 and December 2018 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 October 2011 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the December 2018 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 8 MILLBRIDGE ROAD be worth now?

8 MILLBRIDGE ROAD might now be worth an estimated £318,441.

This is based on house price inflation of 30%, between December 2018 and February 2025, for semi-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 30% inflationary increase is applied to the most recent sale price for 8 MILLBRIDGE ROAD of £245,000 on 18th December 2018. For the value to have increased from £245,000 to £318,441 over the seven years and ten months to February 2025, the following assumptions must hold true:

• The value of 8 MILLBRIDGE ROAD has moved in line with the HPI for semi-detached houses in the Gloucester local authority area.
• The December 2018 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 8 MILLBRIDGE ROAD has not materially changed since December 2018.

How Large is 8 MILLBRIDGE ROAD?

8 MILLBRIDGE ROAD is 86m² according to the EPC inspection conducted in September 2010. This puts it in the smallest 20% of semi-detached houses houses in Gloucester, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Gloucester, and where 8 MILLBRIDGE ROAD lies on this distribution: 18% of semi-detached houses houses are smaller than 8 MILLBRIDGE ROAD, and 82% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

8 MILLBRIDGE ROAD: Plot and Title Map

8 MILLBRIDGE ROAD sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 8 MILLBRIDGE 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 8 MILLBRIDGE 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 8 MILLBRIDGE ROAD?

8 MILLBRIDGE ROAD is located in HUCCLECOTE, in the GL3 postcode district. The below map shows the position of No. 8 on MILLBRIDGE ROAD.