2, TERN CLOSE, ABBEYDALE, GLOUCESTER, GL4 4WQ - £191,000

2 TERN CLOSE is a very small detached house of 83m², built sometime between 1967 and 1975. It was last sold for £191,000 in November 2015, which was around 31% below the average November 2015 detached price in the Gloucester local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

2 TERN CLOSE Sold Prices

Land registry data shows four sales for 2 TERN CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Gloucester local authority area for the corresponding sale date. All of the four 2 TERN 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
2015 25 NOV	£191,000	£277,361	31% below HPI
2015 30 OCT	£191,000	£275,823	31% below HPI
2003 14 FEB	£122,500	£194,982	37% below HPI
2000 8 JUN	£93,950	£119,883	22% below HPI

2 TERN 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 four 2 TERN CLOSE sales between June 2000 and November 2015 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 October 2015 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the November 2015 sale, which was also at 31% below the HPI.

How Large is 2 TERN CLOSE?

2 TERN CLOSE is 83m² according to the EPC inspection conducted in March 2016. 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 2 TERN CLOSE lies on this distribution: 15% of detached houses are smaller than 2 TERN CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

2 TERN CLOSE: Plot and Title Map

2 TERN CLOSE sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 2 TERN 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 TERN 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 TERN CLOSE?

2 TERN CLOSE is located in ABBEYDALE, in the GL4 postcode district. The below map shows the position of No. 2 on TERN CLOSE.