1, LARKSPEAR CLOSE, GLOUCESTER, GL1 5LN - £437,000

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.

1 LARKSPEAR CLOSE is a midsized extended detached house of 121m², built sometime between 1983 and 1990, which could now be worth an estimated £532,689. It was last sold for £437,000 in December 2020, which was around 28% above the average December 2020 detached price in the Gloucester local authority area. The most recent EPC inspection was February 2011, where the current energy rating was C, and the potential energy rating was C.

1 LARKSPEAR CLOSE Sold Prices

Land registry data shows two sales for 1 LARKSPEAR CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Gloucester local authority area for the corresponding sale date. Both of the two 1 LARKSPEAR CLOSE 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
2020 14 DEC	£437,000	£342,726	28% above HPI
2011 31 AUG	£340,000	£218,309	56% above HPI

1 LARKSPEAR 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 two 1 LARKSPEAR CLOSE sales from August 2011 and December 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 August 2011 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the December 2020 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might 1 LARKSPEAR CLOSE be worth now?

1 LARKSPEAR CLOSE might now be worth an estimated £532,689.

This is based on house price inflation of 21.9%, between December 2020 and April 2026, 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 21.9% inflationary increase is applied to the most recent sale price for 1 LARKSPEAR CLOSE of £437,000 on 14th December 2020. For the value to have increased from £437,000 to £532,689 over the six years and eight months to April 2026, the following assumptions must hold true:

• The value of 1 LARKSPEAR CLOSE has moved in line with the HPI for detached houses in the Gloucester local authority area.
• The December 2020 sale price of £437,000 represented a fair market value for the property.
• The size, condition, and specification of 1 LARKSPEAR CLOSE has not materially changed since December 2020.

How Large is 1 LARKSPEAR CLOSE?

1 LARKSPEAR CLOSE is 121m², which includes one extension, according to the EPC inspection conducted in February 2011. This puts it in the largest 40% 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 1 LARKSPEAR CLOSE lies on this distribution: 60% of detached houses houses are smaller than 1 LARKSPEAR CLOSE, and 39% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

1 LARKSPEAR CLOSE: Plot and Title Map

1 LARKSPEAR CLOSE sits on a plot of roughly 0.188 of an acre, or 759m². The below map shows the location of 1 LARKSPEAR 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 1 LARKSPEAR 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 1 LARKSPEAR CLOSE?

1 LARKSPEAR CLOSE is located in GLOUCESTER, in the GL1 postcode district. The below map shows the position of No. 1 on LARKSPEAR CLOSE.