Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources
2 GIFFORD CLOSE is a midsized extended detached house of 135m², built sometime between 1983 and 1990. It was last sold for £420,000 in December 2020, which was around 11% below the average December 2020 detached price in the South Gloucestershire local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 2 GIFFORD CLOSE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Gloucestershire local authority area for the corresponding sale date. Two of the three 2 GIFFORD CLOSE sales were for below the average price, whilst one 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 |
---|---|---|---|
2020 2 DEC | £420,000 | £474,186 | 11% below HPI |
2010 15 JAN | £277,000 | £282,821 | 2% below HPI |
1999 1 DEC | £156,500 | £137,940 | 13% above HPI |
The below graph shows the average detached house price in the South Gloucestershire local authority area over time, sourced from the HPI. The three 2 GIFFORD CLOSE sales between December 1999 and December 2020 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 January 2010 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the December 2020 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.
2 GIFFORD CLOSE is 135m², which includes two extensions, according to the EPC inspection conducted in June 2020. This puts it in the smallest 50% of detached houses in Rangeworthy, based on EPC data. The below chart shows the distribution of detached houses by size in Rangeworthy, and where 2 GIFFORD CLOSE lies on this distribution: 42% of detached houses are smaller than 2 GIFFORD CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Rangeworthy.
2 GIFFORD CLOSE sits on a plot of roughly 0.095 of an acre, or 385m². The below map shows the location of 2 GIFFORD 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 GIFFORD 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.
2 GIFFORD CLOSE is located in RANGEWORTHY, in the BS37 postcode district. The below map shows the position of No. 2 on GIFFORD CLOSE.