2, GRAY CLOSE, INNSWORTH, GLOUCESTER, GL3 1EE - £285,000

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.

2 GRAY CLOSE is a small semi-detached house of 97m², built sometime between 1950 and 1966, which could now be worth an estimated £301,909. It was last sold for £285,000 in July 2024, which was around 4% below the average July 2024 semi-detached price in the Tewkesbury local authority area. The most recent EPC inspection was April 2024, where the current energy rating was D, and the potential energy rating was C.

2 GRAY CLOSE Sold Prices

Land registry data shows four sales for 2 GRAY 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 Tewkesbury local authority area for the corresponding sale date. All of the four 2 GRAY CLOSE 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
2024 5 JUL	£285,000	£296,666	4% below HPI
2004 16 JUL	£155,000	£161,446	4% below HPI
2001 15 JAN	£74,500	£92,586	20% below HPI
1998 27 MAR	£55,000	£66,935	18% below HPI

2 GRAY CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Tewkesbury local authority area over time, sourced from the HPI. The four 2 GRAY CLOSE sales between March 1998 and July 2024 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 2004 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the July 2024 sale, which was also at 4% below the HPI.

What might 2 GRAY CLOSE be worth now?

2 GRAY CLOSE might now be worth an estimated £301,909.

This is based on house price inflation of 5.9%, between July 2024 and April 2026, for semi-detached houses, in the Tewkesbury local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5.9% inflationary increase is applied to the most recent sale price for 2 GRAY CLOSE of £285,000 on 5th July 2024. For the value to have increased from £285,000 to £301,909 over the two years and three months to April 2026, the following assumptions must hold true:

• The value of 2 GRAY CLOSE has moved in line with the HPI for semi-detached houses in the Tewkesbury local authority area.
• The July 2024 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GRAY CLOSE has not materially changed since July 2024.

How Large is 2 GRAY CLOSE?

2 GRAY CLOSE is 97m² according to the EPC inspection conducted in April 2024. This puts it in the smallest 40% of semi-detached houses houses in Innsworth, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Innsworth, and where 2 GRAY CLOSE lies on this distribution: 31% of semi-detached houses houses are smaller than 2 GRAY CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Innsworth.

2 GRAY CLOSE: Plot and Title Map

2 GRAY CLOSE sits on a plot of roughly 0.108 of an acre, or 436m². The below map shows the location of 2 GRAY 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 GRAY 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 GRAY CLOSE?

2 GRAY CLOSE is located in INNSWORTH, in the GL3 postcode district. The below map shows the position of No. 2 on GRAY CLOSE.