118, ELMLEAZE, GLOUCESTER, GL2 0JZ - £140,000

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.

118 ELMLEAZE is a very small terraced house of 73m², built sometime between 1950 and 1966, which could now be worth an estimated £244,583. It was last sold for £140,000 in July 2014, which was around 17% above the average July 2014 terraced price in the Gloucester local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was B.

118 ELMLEAZE Sold Prices

Land registry data shows two sales for 118 ELMLEAZE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Gloucester local authority area for the corresponding sale date. Both of the two 118 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
2014 15 JUL	£140,000	£119,905	17% above HPI
2006 31 JAN	£136,600	£110,414	24% above HPI

118 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 two 118 ELMLEAZE sales from January 2006 and July 2014 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 January 2006 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the July 2014 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 118 ELMLEAZE be worth now?

118 ELMLEAZE might now be worth an estimated £244,583.

This is based on house price inflation of 74.7%, between July 2014 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 74.7% inflationary increase is applied to the most recent sale price for 118 ELMLEAZE of £140,000 on 15th July 2014. For the value to have increased from £140,000 to £244,583 over the twelve years and three months to April 2026, the following assumptions must hold true:

• The value of 118 ELMLEAZE has moved in line with the HPI for terraced houses in the Gloucester local authority area.
• The July 2014 sale price of £140,000 represented a fair market value for the property.
• The size, condition, and specification of 118 ELMLEAZE has not materially changed since July 2014.

How Large is 118 ELMLEAZE?

118 ELMLEAZE is 73m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 10% 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 118 ELMLEAZE lies on this distribution: 8% of terraced houses houses are smaller than 118 ELMLEAZE, and 92% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

118 ELMLEAZE: Plot and Title Map

118 ELMLEAZE sits on a plot of roughly 0.050 of an acre, or 201m². The below map shows the location of 118 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 118 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 118 ELMLEAZE?

118 ELMLEAZE is located in GLOUCESTER, in the GL2 postcode district. The below map shows the position of No. 118 on ELMLEAZE.