3, TRAJAN CLOSE, ABBEYMEAD, GLOUCESTER, GL4 5EZ - £230,000

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 TRAJAN CLOSE is a very small semi-detached house of 72m², built sometime between 1983 and 1990, which could now be worth an estimated £313,383. It was last sold for £230,000 in May 2018, which was around 11% above the average May 2018 semi-detached price in the Gloucester local authority area. The most recent EPC inspection was February 2009, where the current energy rating was D, and the potential energy rating was C.

3 TRAJAN CLOSE Sold Prices

Land registry data shows three sales for 3 TRAJAN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Gloucester local authority area for the corresponding sale date. All of the three 3 TRAJAN 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
2018 25 MAY	£230,000	£207,490	11% above HPI
2009 12 JUN	£167,500	£130,171	29% above HPI
2004 29 OCT	£171,000	£144,186	19% above HPI

3 TRAJAN CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Gloucester local authority area over time, sourced from the HPI. The three 3 TRAJAN CLOSE sales between October 2004 and May 2018 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 June 2009 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the May 2018 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 3 TRAJAN CLOSE be worth now?

3 TRAJAN CLOSE might now be worth an estimated £313,383.

This is based on house price inflation of 36.3%, between May 2018 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 36.3% inflationary increase is applied to the most recent sale price for 3 TRAJAN CLOSE of £230,000 on 25th May 2018. For the value to have increased from £230,000 to £313,383 over the eight years to May 2026, the following assumptions must hold true:

• The value of 3 TRAJAN CLOSE has moved in line with the HPI for semi-detached houses in the Gloucester local authority area.
• The May 2018 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 3 TRAJAN CLOSE has not materially changed since May 2018.

How Large is 3 TRAJAN CLOSE?

3 TRAJAN CLOSE is 72m² according to the EPC inspection conducted in February 2009. This puts it in the smallest 10% of semi-detached houses houses in Gloucester, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Gloucester, and where 3 TRAJAN CLOSE lies on this distribution: 7% of semi-detached houses houses are smaller than 3 TRAJAN CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

3 TRAJAN CLOSE: Plot and Title Map

3 TRAJAN CLOSE sits on a plot of roughly 0.050 of an acre, or 201m². The below map shows the location of 3 TRAJAN 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 TRAJAN 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 TRAJAN CLOSE?

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