3, BORAGE CLOSE, ABBEYMEAD, GLOUCESTER, GL4 5WH - £215,000

3 BORAGE CLOSE is a very small detached house of 77m², built sometime between 1991 and 1995. It was last sold for £215,000 in August 2012, which was around 7% below the average August 2012 detached price in the Gloucester local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was B.

3 BORAGE CLOSE Sold Prices

Land registry data shows two sales for 3 BORAGE 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 3 BORAGE 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
2012 3 AUG	£215,000	£231,540	7% below HPI
1995 31 MAY	£69,500	£76,649	9% below HPI

3 BORAGE 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 3 BORAGE CLOSE sales from May 1995 and August 2012 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 1995 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the August 2012 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 3 BORAGE CLOSE?

3 BORAGE CLOSE is 77m² according to the EPC inspection conducted in April 2012. This puts it in the smallest 10% of detached houses in Gloucester, based on EPC data. The below chart shows the distribution of detached houses by size in Gloucester, and where 3 BORAGE CLOSE lies on this distribution: 10% of detached houses are smaller than 3 BORAGE CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

3 BORAGE CLOSE: Plot and Title Map

3 BORAGE CLOSE sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 3 BORAGE 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 3 BORAGE 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 3 BORAGE CLOSE?

3 BORAGE CLOSE is located in ABBEYMEAD, in the GL4 postcode district. The below map shows the position of No. 3 on BORAGE CLOSE.