2, LAMBOURN CLOSE, LONGLEVENS, GLOUCESTER, GL2 0HN - £445,000

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 LAMBOURN CLOSE is a midsized extended detached house of 111m², built sometime between 1950 and 1966, which could now be worth an estimated £460,127. It was last sold for £445,000 in October 2023, which was around 10% above the average October 2023 detached price in the Gloucester local authority area. The most recent EPC inspection was August 2017, where the current energy rating was G, and the potential energy rating was B.

2 LAMBOURN CLOSE Sold Prices

Land registry data shows two sales for 2 LAMBOURN CLOSE 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. One of the two 2 LAMBOURN CLOSE sales was for above the average price, whilst the other was 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
2023 27 OCT	£445,000	£405,265	10% above HPI
2018 9 NOV	£261,000	£321,929	19% below HPI

2 LAMBOURN CLOSE 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 2 LAMBOURN CLOSE sales from November 2018 and October 2023 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 November 2018 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the October 2023 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 2 LAMBOURN CLOSE be worth now?

2 LAMBOURN CLOSE might now be worth an estimated £460,127.

This is based on house price inflation of 3.4%, between October 2023 and May 2026, for detached 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 3.4% inflationary increase is applied to the most recent sale price for 2 LAMBOURN CLOSE of £445,000 on 27th October 2023. For the value to have increased from £445,000 to £460,127 over the three years and five months to May 2026, the following assumptions must hold true:

• The value of 2 LAMBOURN CLOSE has moved in line with the HPI for detached houses in the Gloucester local authority area.
• The October 2023 sale price of £445,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LAMBOURN CLOSE has not materially changed since October 2023.

How Large is 2 LAMBOURN CLOSE?

2 LAMBOURN CLOSE is 111m², which includes one extension, according to the EPC inspection conducted in August 2017. This puts it in the smallest 50% of detached houses houses in Gloucester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gloucester, and where 2 LAMBOURN CLOSE lies on this distribution: 45% of detached houses houses are smaller than 2 LAMBOURN CLOSE, and 53% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

2 LAMBOURN CLOSE: Plot and Title Map

2 LAMBOURN CLOSE sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 2 LAMBOURN 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 LAMBOURN 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 LAMBOURN CLOSE?

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