116A, ELMLEAZE, GLOUCESTER, GL2 0JZ - £255,000

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.

116A ELMLEAZE is a small terraced house of 106m², built sometime between 2003 and 2006, which could now be worth an estimated £268,860. It was last sold for £255,000 in August 2022, which was around 28% above the average August 2022 terraced price in the Gloucester local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

116A ELMLEAZE Sold Prices

Land registry data shows three sales for 116A ELMLEAZE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Gloucester local authority area for the corresponding sale date. All of the three 116A ELMLEAZE 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
2022 25 AUG	£255,000	£198,678	28% above HPI
2010 13 JUL	£155,000	£111,580	39% above HPI
1998 1 APR	£44,000	£37,533	17% above HPI

116A ELMLEAZE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Gloucester local authority area over time, sourced from the HPI. The three 116A ELMLEAZE sales between April 1998 and August 2022 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 July 2010 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the August 2022 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might 116A ELMLEAZE be worth now?

116A ELMLEAZE might now be worth an estimated £268,860.

This is based on house price inflation of 5.4%, between August 2022 and April 2026, for terraced 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 5.4% inflationary increase is applied to the most recent sale price for 116A ELMLEAZE of £255,000 on 25th August 2022. For the value to have increased from £255,000 to £268,860 over the four years and four months to April 2026, the following assumptions must hold true:

• The value of 116A ELMLEAZE has moved in line with the HPI for terraced houses in the Gloucester local authority area.
• The August 2022 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 116A ELMLEAZE has not materially changed since August 2022.

How Large is 116A ELMLEAZE?

116A ELMLEAZE is 106m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 40% of terraced houses houses in Gloucester, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Gloucester, and where 116A ELMLEAZE lies on this distribution: 39% of terraced houses houses are smaller than 116A ELMLEAZE, and 59% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

116A ELMLEAZE: Plot and Title Map

116A ELMLEAZE sits on a plot of roughly 0.045 of an acre, or 182m². The below map shows the location of 116A ELMLEAZE, 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 116A ELMLEAZE). 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 116A ELMLEAZE?

116A ELMLEAZE is located in GLOUCESTER, in the GL2 postcode district. The below map shows the position of No. 116A on ELMLEAZE.