1B, PAYGROVE LANE, LONGLEVENS, GLOUCESTER, GL2 0AZ - £297,950

1B PAYGROVE LANE is a very small extended detached house of 84m², built sometime between 1983 and 1990. It was last sold for £297,950 in April 2021, which was around 18% below the average April 2021 detached price in the Gloucester local authority area. The most recent EPC inspection was March 2020, where the current energy rating was E, and the potential energy rating was C.

1B PAYGROVE LANE Sold Prices

Land registry data shows two sales for 1B PAYGROVE LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Gloucester local authority area for the corresponding sale date. Both of the two 1B PAYGROVE LANE sales were for below 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
2021 27 APR	£297,950	£362,128	18% below HPI
2012 25 JUL	£171,000	£229,644	26% below HPI

1B PAYGROVE LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gloucester local authority area over time, sourced from the HPI. The two 1B PAYGROVE LANE sales from July 2012 and April 2021 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 2012 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the April 2021 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 1B PAYGROVE LANE?

1B PAYGROVE LANE is 84m², which includes one extension, according to the EPC inspection conducted in March 2020. This puts it in the smallest 20% of detached houses in Gloucester, based on EPC data. The below chart shows the distribution of detached houses by size in Gloucester, and where 1B PAYGROVE LANE lies on this distribution: 16% of detached houses are smaller than 1B PAYGROVE LANE, and 84% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

1B PAYGROVE LANE: Plot and Title Map

1B PAYGROVE LANE sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 1B PAYGROVE LANE, 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 1B PAYGROVE LANE). 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 1B PAYGROVE LANE?

1B PAYGROVE LANE is located in LONGLEVENS, in the GL2 postcode district. The below map shows the position of No. 1B on PAYGROVE LANE.