15, GLOUCESTER PLACE, BRISTON, MELTON CONSTABLE, NR24 2LD - £137,500

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.

15 GLOUCESTER PLACE is a small extended terraced house of 94m², built sometime before 1900, which could now be worth an estimated £190,855. It was last sold for £137,500 in August 2015, which was around 16% below the average August 2015 terraced price in the North Norfolk local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was C.

15 GLOUCESTER PLACE Sold Prices

Land registry data shows two sales for 15 GLOUCESTER PLACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the North Norfolk local authority area for the corresponding sale date. One of the two 15 GLOUCESTER PLACE sales was for below the average price, whilst the other was 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
2015 17 AUG	£137,500	£163,873	16% below HPI
2001 2 NOV	£72,500	£68,766	5% above HPI

15 GLOUCESTER PLACE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the North Norfolk local authority area over time, sourced from the HPI. The two 15 GLOUCESTER PLACE sales from November 2001 and August 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 November 2001 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the August 2015 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 15 GLOUCESTER PLACE be worth now?

15 GLOUCESTER PLACE might now be worth an estimated £190,855.

This is based on house price inflation of 38.8%, between August 2015 and May 2026, for terraced houses, in the North Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 38.8% inflationary increase is applied to the most recent sale price for 15 GLOUCESTER PLACE of £137,500 on 17th August 2015. For the value to have increased from £137,500 to £190,855 over the eleven years and three months to May 2026, the following assumptions must hold true:

• The value of 15 GLOUCESTER PLACE has moved in line with the HPI for terraced houses in the North Norfolk local authority area.
• The August 2015 sale price of £137,500 represented a fair market value for the property.
• The size, condition, and specification of 15 GLOUCESTER PLACE has not materially changed since August 2015.

How Large is 15 GLOUCESTER PLACE?

15 GLOUCESTER PLACE is 94m², which includes one extension, according to the EPC inspection conducted in May 2011. This puts it in the smallest 40% of terraced houses houses in Briston, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Briston, and where 15 GLOUCESTER PLACE lies on this distribution: 33% of terraced houses houses are smaller than 15 GLOUCESTER PLACE, and 65% of houses are larger. Note that EPC data is not available for all properties in Briston.

15 GLOUCESTER PLACE: Plot and Title Map

15 GLOUCESTER PLACE sits on a plot of roughly 0.046 of an acre, or 185m². The below map shows the location of 15 GLOUCESTER PLACE, 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 15 GLOUCESTER PLACE). 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 15 GLOUCESTER PLACE?

15 GLOUCESTER PLACE is located in BRISTON, in the NR24 postcode district. The below map shows the position of No. 15 on GLOUCESTER PLACE.