8, RED ADMIRAL DRIVE, ABBEYMEAD, GLOUCESTER, GL4 5EA - £235,000

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 RED ADMIRAL DRIVE is a small extended detached house of 93m², built sometime between 1983 and 1990. It was last sold for £235,000 in November 2015, which was around 12% below the average November 2015 detached price in the Gloucester local authority area. The most recent EPC inspection was June 2010, where the current energy rating was D, and the potential energy rating was C.

8 RED ADMIRAL DRIVE Sold Prices

Land registry data shows three sales for 8 RED ADMIRAL DRIVE 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 RED ADMIRAL 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
2015 13 NOV	£235,000	£265,681	12% below HPI
1999 8 OCT	£88,500	£101,439	13% below HPI
1996 25 SEP	£69,500	£75,610	8% below HPI

8 RED ADMIRAL 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 three 8 RED ADMIRAL DRIVE sales between September 1996 and November 2015 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 1999 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the November 2015 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 8 RED ADMIRAL DRIVE be worth now?

8 RED ADMIRAL DRIVE might now be worth an estimated £372,407.

This is based on house price inflation of 58.5%, between November 2015 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 58.5% inflationary increase is applied to the most recent sale price for 8 RED ADMIRAL DRIVE of £235,000 on 13th November 2015. For the value to have increased from £235,000 to £372,407 over the eight years and eleven months to December 2024, the following assumptions must hold true:

• The value of 8 RED ADMIRAL DRIVE has moved in line with the HPI for detached houses in the Gloucester local authority area.
• The November 2015 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 8 RED ADMIRAL DRIVE has not materially changed since November 2015.

How Large is 8 RED ADMIRAL DRIVE?

8 RED ADMIRAL DRIVE is 93m², which includes one extension, according to the EPC inspection conducted in June 2010. This puts it in the smallest 30% 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 RED ADMIRAL DRIVE lies on this distribution: 25% of detached houses houses are smaller than 8 RED ADMIRAL DRIVE, and 75% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

8 RED ADMIRAL DRIVE: Plot and Title Map

8 RED ADMIRAL DRIVE sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of 8 RED ADMIRAL 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 8 RED ADMIRAL 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 8 RED ADMIRAL DRIVE?

8 RED ADMIRAL DRIVE is located in ABBEYMEAD, in the GL4 postcode district. The below map shows the position of No. 8 on RED ADMIRAL DRIVE.