8, PARR CLOSE, CHURCHDOWN, GLOUCESTER, GL3 1NH - £325,000

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 PARR CLOSE is a small detached house of 97m², built sometime between 1983 and 1990, which could now be worth an estimated £409,018. It was last sold for £325,000 in August 2020, which was around 23% below the average August 2020 detached price in the Tewkesbury local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

8 PARR CLOSE Sold Prices

Land registry data shows four sales for 8 PARR CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Tewkesbury local authority area for the corresponding sale date. All of the four 8 PARR 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
2020 26 AUG	£325,000	£422,227	23% below HPI
2018 14 DEC	£315,000	£402,275	22% below HPI
2010 17 DEC	£231,000	£288,674	20% below HPI
2002 1 NOV	£182,950	£229,288	20% below HPI

8 PARR CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tewkesbury local authority area over time, sourced from the HPI. The four 8 PARR CLOSE sales between November 2002 and August 2020 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 2018 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the August 2020 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 8 PARR CLOSE be worth now?

8 PARR CLOSE might now be worth an estimated £409,018.

This is based on house price inflation of 25.9%, between August 2020 and December 2024, for detached houses, in the Tewkesbury local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 25.9% inflationary increase is applied to the most recent sale price for 8 PARR CLOSE of £325,000 on 26th August 2020. For the value to have increased from £325,000 to £409,018 over the three years and eight months to December 2024, the following assumptions must hold true:

• The value of 8 PARR CLOSE has moved in line with the HPI for detached houses in the Tewkesbury local authority area.
• The August 2020 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 8 PARR CLOSE has not materially changed since August 2020.

How Large is 8 PARR CLOSE?

8 PARR CLOSE is 97m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 40% of detached houses houses in Innsworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Innsworth, and where 8 PARR CLOSE lies on this distribution: 33% of detached houses houses are smaller than 8 PARR CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Innsworth.

8 PARR CLOSE: Plot and Title Map

8 PARR CLOSE sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of 8 PARR 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 PARR 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 PARR CLOSE?

8 PARR CLOSE is located in CHURCHDOWN, in the GL3 postcode district. The below map shows the position of No. 8 on PARR CLOSE.