22, MIDSUMMER WALK, HEMPSTED, GLOUCESTER, GL2 5EF - £275,000

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.

22 MIDSUMMER WALK is a small terraced house of 100m², built sometime between 2003 and 2006, which could now be worth an estimated £293,750. It was last sold for £275,000 in April 2023, which was around 40% above the average April 2023 terraced price in the Gloucester local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was B.

22 MIDSUMMER WALK Sold Prices

Land registry data shows three sales for 22 MIDSUMMER WALK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Gloucester local authority area for the corresponding sale date. All of the three 22 MIDSUMMER WALK sales were for above 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 28 APR	£275,000	£196,106	40% above HPI
2020 15 MAY	£210,000	£159,560	32% above HPI
2003 1 JUL	£156,950	£86,128	82% above HPI

22 MIDSUMMER WALK Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Gloucester local authority area over time, sourced from the HPI. The three 22 MIDSUMMER WALK sales between July 2003 and April 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 May 2020 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the April 2023 sale, where it rises to 40% above the HPI. The line then continues to track at 40% above the HPI.

What might 22 MIDSUMMER WALK be worth now?

22 MIDSUMMER WALK might now be worth an estimated £293,750.

This is based on house price inflation of 6.8%, between April 2023 and April 2026, for terraced 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 6.8% inflationary increase is applied to the most recent sale price for 22 MIDSUMMER WALK of £275,000 on 28th April 2023. For the value to have increased from £275,000 to £293,750 over the three years to April 2026, the following assumptions must hold true:

• The value of 22 MIDSUMMER WALK has moved in line with the HPI for terraced houses in the Gloucester local authority area.
• The April 2023 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 22 MIDSUMMER WALK has not materially changed since April 2023.

How Large is 22 MIDSUMMER WALK?

22 MIDSUMMER WALK is 100m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 40% of terraced houses houses in Gloucester, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Gloucester, and where 22 MIDSUMMER WALK lies on this distribution: 33% of terraced houses houses are smaller than 22 MIDSUMMER WALK, and 66% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

22 MIDSUMMER WALK: Plot and Title Map

22 MIDSUMMER WALK sits on a plot of roughly 0.031 of an acre, or 125m². The below map shows the location of 22 MIDSUMMER WALK, 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 22 MIDSUMMER WALK). 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 22 MIDSUMMER WALK?

22 MIDSUMMER WALK is located in HEMPSTED, in the GL2 postcode district. The below map shows the position of No. 22 on MIDSUMMER WALK.