3, EDWY PARADE, GLOUCESTER, GL1 2QH - £430,000

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.

3 EDWY PARADE is a very large extended terraced house of 150m², built sometime before 1900, which could now be worth an estimated £460,882. It was last sold for £430,000 in May 2023, which was around 118% above the average May 2023 terraced price in the Gloucester local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was C.

3 EDWY PARADE Sold Prices

Land registry data shows two sales for 3 EDWY PARADE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Gloucester local authority area for the corresponding sale date. Both of the two 3 EDWY PARADE 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 12 MAY	£430,000	£197,568	118% above HPI
2019 18 JUL	£225,000	£155,802	44% above HPI

3 EDWY PARADE 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 two 3 EDWY PARADE sales from July 2019 and May 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 July 2019 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the May 2023 sale, where it rises to 118% above the HPI. The line then continues to track at 118% above the HPI.

What might 3 EDWY PARADE be worth now?

3 EDWY PARADE might now be worth an estimated £460,882.

This is based on house price inflation of 7.2%, between May 2023 and May 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 7.2% inflationary increase is applied to the most recent sale price for 3 EDWY PARADE of £430,000 on 12th May 2023. For the value to have increased from £430,000 to £460,882 over the three years to May 2026, the following assumptions must hold true:

• The value of 3 EDWY PARADE has moved in line with the HPI for terraced houses in the Gloucester local authority area.
• The May 2023 sale price of £430,000 represented a fair market value for the property.
• The size, condition, and specification of 3 EDWY PARADE has not materially changed since May 2023.

How Large is 3 EDWY PARADE?

3 EDWY PARADE is 150m², which includes one extension, according to the EPC inspection conducted in February 2023. This puts it in the largest 20% 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 3 EDWY PARADE lies on this distribution: 84% of terraced houses houses are smaller than 3 EDWY PARADE, and 16% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

3 EDWY PARADE: Plot and Title Map

3 EDWY PARADE sits on a plot of roughly 0.033 of an acre, or 134m². The below map shows the location of 3 EDWY PARADE, 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 EDWY PARADE). 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 EDWY PARADE?

3 EDWY PARADE is located in GLOUCESTER, in the GL1 postcode district. The below map shows the position of No. 3 on EDWY PARADE.