16, FLEMING CLOSE, GLOUCESTER, GL2 0TU - £280,000

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.

16 FLEMING CLOSE is a small semi-detached house of 92m², built sometime between 1976 and 1982, which could now be worth an estimated £303,064. It was last sold for £280,000 in May 2022, which was around 9% above the average May 2022 semi-detached price in the Gloucester local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.

16 FLEMING CLOSE Sold Prices

Land registry data shows four sales for 16 FLEMING CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Gloucester local authority area for the corresponding sale date. Most of the four 16 FLEMING 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
2022 4 MAY	£280,000	£257,347	9% above HPI
2014 22 AUG	£215,000	£160,290	34% above HPI
2007 2 MAR	£163,000	£159,811	2% above HPI
2006 16 MAR	£145,000	£146,528	1% below HPI

16 FLEMING CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Gloucester local authority area over time, sourced from the HPI. The four 16 FLEMING CLOSE sales between March 2006 and May 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 August 2014 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the May 2022 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 16 FLEMING CLOSE be worth now?

16 FLEMING CLOSE might now be worth an estimated £303,064.

This is based on house price inflation of 8.2%, between May 2022 and April 2026, for semi-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 8.2% inflationary increase is applied to the most recent sale price for 16 FLEMING CLOSE of £280,000 on 4th May 2022. For the value to have increased from £280,000 to £303,064 over the four years and one month to April 2026, the following assumptions must hold true:

• The value of 16 FLEMING CLOSE has moved in line with the HPI for semi-detached houses in the Gloucester local authority area.
• The May 2022 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 16 FLEMING CLOSE has not materially changed since May 2022.

How Large is 16 FLEMING CLOSE?

16 FLEMING CLOSE is 92m² according to the EPC inspection conducted in August 2021. This puts it in the smallest 30% of semi-detached houses houses in Gloucester, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Gloucester, and where 16 FLEMING CLOSE lies on this distribution: 24% of semi-detached houses houses are smaller than 16 FLEMING CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

16 FLEMING CLOSE: Plot and Title Map

16 FLEMING CLOSE sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 16 FLEMING 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 16 FLEMING 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 16 FLEMING CLOSE?

16 FLEMING CLOSE is located in GLOUCESTER, in the GL2 postcode district. The below map shows the position of No. 16 on FLEMING CLOSE.