3, HARNESS CLOSE, HEMPSTED, GLOUCESTER, GL2 5GF - £420,000

3 HARNESS CLOSE is a small detached house of 101m², built sometime between 2003 and 2006. It was last sold for £420,000 in August 2023, which was about the average August 2023 detached price in the Gloucester local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.

3 HARNESS CLOSE Sold Prices

Land registry data shows four sales for 3 HARNESS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Gloucester local authority area for the corresponding sale date. The four 3 HARNESS CLOSE sales were a mix of roughly equal to the average price, and 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 31 AUG	£420,000	£421,259	Close to HPI
2012 24 AUG	£250,000	£231,540	8% above HPI
2007 14 SEP	£285,000	£266,523	7% above HPI
2003 30 MAY	£214,500	£199,645	7% above HPI

3 HARNESS 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 four 3 HARNESS CLOSE sales between May 2003 and August 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 August 2012 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the August 2023 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 3 HARNESS CLOSE?

3 HARNESS CLOSE is 101m² according to the EPC inspection conducted in May 2023. This puts it in the smallest 40% 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 HARNESS CLOSE lies on this distribution: 34% of detached houses are smaller than 3 HARNESS CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

3 HARNESS CLOSE: Plot and Title Map

3 HARNESS CLOSE sits on a plot of roughly 0.130 of an acre, or 527m². The below map shows the location of 3 HARNESS 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 HARNESS 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 HARNESS CLOSE?

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