2, FIRETHORNE CLOSE, GLOUCESTER, GL2 0UF - £227,500

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.

2 FIRETHORNE CLOSE is a very small terraced house of 82m², built sometime between 1976 and 1982, which could now be worth an estimated £344,624. It was last sold for £227,500 in February 2017, which was around 65% above the average February 2017 terraced price in the Gloucester local authority area. The most recent EPC inspection was March 2011, where the current energy rating was C, and the potential energy rating was C.

2 FIRETHORNE CLOSE Sold Prices

Land registry data shows three sales for 2 FIRETHORNE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Gloucester local authority area for the corresponding sale date. All of the three 2 FIRETHORNE 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
2017 3 FEB	£227,500	£138,284	65% above HPI
2004 18 JUN	£154,000	£99,126	55% above HPI
2000 8 DEC	£90,000	£52,351	72% above HPI

2 FIRETHORNE 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 three 2 FIRETHORNE CLOSE sales between December 2000 and February 2017 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 June 2004 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the February 2017 sale, where it rises to 65% above the HPI. The line then continues to track at 65% above the HPI.

What might 2 FIRETHORNE CLOSE be worth now?

2 FIRETHORNE CLOSE might now be worth an estimated £344,624.

This is based on house price inflation of 51.5%, between February 2017 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 51.5% inflationary increase is applied to the most recent sale price for 2 FIRETHORNE CLOSE of £227,500 on 3rd February 2017. For the value to have increased from £227,500 to £344,624 over the eight years and ten months to April 2026, the following assumptions must hold true:

• The value of 2 FIRETHORNE CLOSE has moved in line with the HPI for terraced houses in the Gloucester local authority area.
• The February 2017 sale price of £227,500 represented a fair market value for the property.
• The size, condition, and specification of 2 FIRETHORNE CLOSE has not materially changed since February 2017.

How Large is 2 FIRETHORNE CLOSE?

2 FIRETHORNE CLOSE is 82m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 20% 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 2 FIRETHORNE CLOSE lies on this distribution: 15% of terraced houses houses are smaller than 2 FIRETHORNE CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

2 FIRETHORNE CLOSE: Plot and Title Map

2 FIRETHORNE CLOSE sits on a plot of roughly 0.050 of an acre, or 202m². The below map shows the location of 2 FIRETHORNE 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 2 FIRETHORNE 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 2 FIRETHORNE CLOSE?

2 FIRETHORNE CLOSE is located in GLOUCESTER, in the GL2 postcode district. The below map shows the position of No. 2 on FIRETHORNE CLOSE.