2, WATER WHEEL CLOSE, QUEDGELEY, GLOUCESTER, GL2 4XH - £178,200

2 WATER WHEEL CLOSE is a very small extended detached house of 72m², built sometime between 1983 and 1990. It was last sold for £178,200 in November 2013, which was around 25% below the average November 2013 detached price in the Gloucester local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was B.

2 WATER WHEEL CLOSE Sold Prices

Land registry data shows two sales for 2 WATER WHEEL 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. Both of the two 2 WATER WHEEL 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
2013 1 NOV	£178,200	£236,530	25% below HPI
2000 4 APR	£89,500	£115,580	23% below HPI

2 WATER WHEEL 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 WATER WHEEL CLOSE sales from April 2000 and November 2013 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 April 2000 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the November 2013 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 2 WATER WHEEL CLOSE?

2 WATER WHEEL CLOSE is 72m², which includes two extensions, according to the EPC inspection conducted in August 2019. This puts it in the smallest 10% of detached houses in Quedgeley, based on EPC data. The below chart shows the distribution of detached houses by size in Quedgeley, and where 2 WATER WHEEL CLOSE lies on this distribution: 8% of detached houses are smaller than 2 WATER WHEEL CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Quedgeley.

2 WATER WHEEL CLOSE: Plot and Title Map

2 WATER WHEEL CLOSE sits on a plot of roughly 0.049 of an acre, or 198m². The below map shows the location of 2 WATER WHEEL 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 WATER WHEEL 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 WATER WHEEL CLOSE?

2 WATER WHEEL CLOSE is located in QUEDGELEY, in the GL2 postcode district. The below map shows the position of No. 2 on WATER WHEEL CLOSE.