18, SNOWDROP CLOSE, ABBEYMEAD, GLOUCESTER, GL4 4DZ - £162,000

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.

18 SNOWDROP CLOSE is a very small terraced house of 44m², built sometime between 1983 and 1990, which could now be worth an estimated £220,413. It was last sold for £162,000 in December 2018, which was around 4% above the average December 2018 terraced price in the Gloucester local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

18 SNOWDROP CLOSE Sold Prices

Land registry data shows four sales for 18 SNOWDROP CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Gloucester local authority area for the corresponding sale date. All of the four 18 SNOWDROP 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
2018 14 DEC	£162,000	£155,638	4% above HPI
2018 28 SEP	£165,000	£153,578	7% above HPI
2016 19 AUG	£145,000	£140,639	3% above HPI
2007 30 NOV	£132,000	£126,901	4% above HPI

18 SNOWDROP CLOSE 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 four 18 SNOWDROP CLOSE sales between November 2007 and December 2018 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 September 2018 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the December 2018 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 18 SNOWDROP CLOSE be worth now?

18 SNOWDROP CLOSE might now be worth an estimated £220,413.

This is based on house price inflation of 36.1%, between December 2018 and May 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 36.1% inflationary increase is applied to the most recent sale price for 18 SNOWDROP CLOSE of £162,000 on 14th December 2018. For the value to have increased from £162,000 to £220,413 over the eight years and seven months to May 2026, the following assumptions must hold true:

• The value of 18 SNOWDROP CLOSE has moved in line with the HPI for terraced houses in the Gloucester local authority area.
• The December 2018 sale price of £162,000 represented a fair market value for the property.
• The size, condition, and specification of 18 SNOWDROP CLOSE has not materially changed since December 2018.

How Large is 18 SNOWDROP CLOSE?

18 SNOWDROP CLOSE is 44m² according to the EPC inspection conducted in May 2016. 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 18 SNOWDROP CLOSE lies on this distribution: Less than 1% of terraced houses houses are smaller than 18 SNOWDROP CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

18 SNOWDROP CLOSE: Plot and Title Map

18 SNOWDROP CLOSE sits on a plot of roughly 0.015 of an acre, or 59m². The below map shows the location of 18 SNOWDROP 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 18 SNOWDROP 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 18 SNOWDROP CLOSE?

18 SNOWDROP CLOSE is located in ABBEYMEAD, in the GL4 postcode district. The below map shows the position of No. 18 on SNOWDROP CLOSE.