22, PENNY CLOSE, LONGLEVENS, GLOUCESTER, GL2 0NP - £160,000

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 PENNY CLOSE is a small extended semi-detached house of 80m², built sometime between 1983 and 1990, which could now be worth an estimated £317,705. It was last sold for £160,000 in February 2011, which was around 12% above the average February 2011 semi-detached price in the Gloucester local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

22 PENNY CLOSE Sold Prices

Land registry data shows one sale for 22 PENNY CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-detached price in the Gloucester local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2011 11 FEB	£160,000	£142,377	12% above HPI

What might 22 PENNY CLOSE be worth now?

22 PENNY CLOSE might now be worth an estimated £317,705.

This is based on house price inflation of 98.6%, between February 2011 and May 2026, for semi-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 98.6% inflationary increase is applied to the most recent sale price for 22 PENNY CLOSE of £160,000 on 11th February 2011. For the value to have increased from £160,000 to £317,705 over the fourteen years and nine months to May 2026, the following assumptions must hold true:

• The value of 22 PENNY CLOSE has moved in line with the HPI for semi-detached houses in the Gloucester local authority area.
• The February 2011 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 22 PENNY CLOSE has not materially changed since February 2011.

How Large is 22 PENNY CLOSE?

22 PENNY CLOSE is 80m², which includes one extension, according to the EPC inspection conducted in November 2014. This puts it in the smallest 40% of semi-detached houses in Gloucester, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Gloucester, and where 22 PENNY CLOSE lies on this distribution: 36% of semi-detached houses are smaller than 22 PENNY CLOSE, and 61% of semi-detached houses are larger. Note that EPC data is not available for all properties in Gloucester.

22 PENNY CLOSE: Plot

22 PENNY CLOSE sits on a plot of roughly 0.057 of an acre, or 231m².

Where is 22 PENNY CLOSE?

22 PENNY CLOSE is located in LONGLEVENS, in the GL2 postcode district.