2, WELLSPRINGS ROAD, GLOUCESTER, GL2 0NL - £300,000

2 WELLSPRINGS ROAD is a very small detached house of 84m², built sometime between 1930 and 1949. It was last sold for £300,000 in July 2017, which was around 3% below the average July 2017 detached price in the Gloucester local authority area. The most recent EPC inspection was March 2017, where the current energy rating was E, and the potential energy rating was B.

2 WELLSPRINGS ROAD Sold Prices

Land registry data shows three sales for 2 WELLSPRINGS ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gloucester local authority area for the corresponding sale date. All of the three 2 WELLSPRINGS ROAD 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
2017 26 JUL	£300,000	£307,893	3% below HPI
2015 24 JUL	£257,000	£268,643	4% below HPI
2014 13 JUN	£194,000	£247,202	22% below HPI

2 WELLSPRINGS ROAD 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 three 2 WELLSPRINGS ROAD sales between June 2014 and July 2017 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 2015 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the July 2017 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 2 WELLSPRINGS ROAD?

2 WELLSPRINGS ROAD is 84m² according to the EPC inspection conducted in March 2017. 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 WELLSPRINGS ROAD lies on this distribution: 16% of detached houses are smaller than 2 WELLSPRINGS ROAD, and 84% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

2 WELLSPRINGS ROAD: Plot and Title Map

2 WELLSPRINGS ROAD sits on a plot of roughly 0.101 of an acre, or 408m². The below map shows the location of 2 WELLSPRINGS ROAD, 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 WELLSPRINGS ROAD). 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 WELLSPRINGS ROAD?

2 WELLSPRINGS ROAD is located in GLOUCESTER, in the GL2 postcode district. The below map shows the position of No. 2 on WELLSPRINGS ROAD.