3, FIRETHORNE CLOSE, GLOUCESTER, GL2 0UF - £170,000

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 FIRETHORNE CLOSE is a very small extended terraced house of 77m², built sometime between 1983 and 1990, which could now be worth an estimated £275,726. It was last sold for £170,000 in August 2015, which was around 32% above the average August 2015 terraced price in the Gloucester local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was B.

3 FIRETHORNE CLOSE Sold Prices

Land registry data shows two sales for 3 FIRETHORNE CLOSE 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 FIRETHORNE CLOSE 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
2015 14 AUG	£170,000	£129,154	32% above HPI
1998 13 MAY	£63,000	£38,372	64% above HPI

3 FIRETHORNE CLOSE 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 FIRETHORNE CLOSE sales from May 1998 and August 2015 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 1998 sale was for 64% above the HPI. So the extrapolation line tracks at 64% above the HPI over time, until the August 2015 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might 3 FIRETHORNE CLOSE be worth now?

3 FIRETHORNE CLOSE might now be worth an estimated £275,726.

This is based on house price inflation of 62.2%, between August 2015 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 62.2% inflationary increase is applied to the most recent sale price for 3 FIRETHORNE CLOSE of £170,000 on 14th August 2015. For the value to have increased from £170,000 to £275,726 over the eleven years and four months to April 2026, the following assumptions must hold true:

• The value of 3 FIRETHORNE CLOSE has moved in line with the HPI for terraced houses in the Gloucester local authority area.
• The August 2015 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 3 FIRETHORNE CLOSE has not materially changed since August 2015.

How Large is 3 FIRETHORNE CLOSE?

3 FIRETHORNE CLOSE is 77m², which includes two extensions, according to the EPC inspection conducted in September 2014. This puts it in the smallest 10% 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 FIRETHORNE CLOSE lies on this distribution: 10% of terraced houses houses are smaller than 3 FIRETHORNE CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

3 FIRETHORNE CLOSE: Plot and Title Map

3 FIRETHORNE CLOSE sits on a plot of roughly 0.045 of an acre, or 183m². The below map shows the location of 3 FIRETHORNE 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 FIRETHORNE 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 FIRETHORNE CLOSE?

3 FIRETHORNE CLOSE is located in GLOUCESTER, in the GL2 postcode district. The below map shows the position of No. 3 on FIRETHORNE CLOSE.