32, GRAY CLOSE, INNSWORTH, GLOUCESTER, GL3 1EE - £245,000

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.

32 GRAY CLOSE is a small extended terraced house of 92m², built sometime between 2003 and 2006, which could now be worth an estimated £283,599. It was last sold for £245,000 in December 2021, which was around 14% above the average December 2021 terraced price in the Tewkesbury local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.

32 GRAY CLOSE Sold Prices

Land registry data shows two sales for 32 GRAY 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 Tewkesbury local authority area for the corresponding sale date. Both of the two 32 GRAY 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
2021 14 DEC	£245,000	£215,635	14% above HPI
2003 24 JAN	£121,000	£99,620	21% above HPI

32 GRAY CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Tewkesbury local authority area over time, sourced from the HPI. The two 32 GRAY CLOSE sales from January 2003 and December 2021 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 January 2003 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the December 2021 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 32 GRAY CLOSE be worth now?

32 GRAY CLOSE might now be worth an estimated £283,599.

This is based on house price inflation of 15.8%, between December 2021 and April 2026, for terraced houses, in the Tewkesbury local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.8% inflationary increase is applied to the most recent sale price for 32 GRAY CLOSE of £245,000 on 14th December 2021. For the value to have increased from £245,000 to £283,599 over the five years and eight months to April 2026, the following assumptions must hold true:

• The value of 32 GRAY CLOSE has moved in line with the HPI for terraced houses in the Tewkesbury local authority area.
• The December 2021 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 32 GRAY CLOSE has not materially changed since December 2021.

How Large is 32 GRAY CLOSE?

32 GRAY CLOSE is 92m², which includes two extensions, according to the EPC inspection conducted in September 2021. This puts it in the smallest 30% of terraced houses houses in Innsworth, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Innsworth, and where 32 GRAY CLOSE lies on this distribution: 24% of terraced houses houses are smaller than 32 GRAY CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Innsworth.

32 GRAY CLOSE: Plot and Title Map

32 GRAY CLOSE sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 32 GRAY 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 32 GRAY 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 32 GRAY CLOSE?

32 GRAY CLOSE is located in INNSWORTH, in the GL3 postcode district. The below map shows the position of No. 32 on GRAY CLOSE.