38, GLOUCESTER ROAD, PILGRIMS HATCH, BRENTWOOD, CM15 9ND - £336,000

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.

38 GLOUCESTER ROAD is a very small terraced house of 71m², built sometime between 1967 and 1975, which could now be worth an estimated £406,214. It was last sold for £336,000 in May 2020, which was around 8% below the average May 2020 terraced price in the Brentwood local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was B.

38 GLOUCESTER ROAD Sold Prices

Land registry data shows three sales for 38 GLOUCESTER ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Brentwood local authority area for the corresponding sale date. All of the three 38 GLOUCESTER ROAD sales were for below 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
2020 28 MAY	£336,000	£366,129	8% below HPI
2007 9 FEB	£210,995	£221,840	5% below HPI
2003 3 JUN	£144,000	£170,581	16% below HPI

38 GLOUCESTER ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Brentwood local authority area over time, sourced from the HPI. The three 38 GLOUCESTER ROAD sales between June 2003 and May 2020 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 February 2007 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the May 2020 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 38 GLOUCESTER ROAD be worth now?

38 GLOUCESTER ROAD might now be worth an estimated £406,214.

This is based on house price inflation of 20.9%, between May 2020 and May 2026, for terraced houses, in the Brentwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.9% inflationary increase is applied to the most recent sale price for 38 GLOUCESTER ROAD of £336,000 on 28th May 2020. For the value to have increased from £336,000 to £406,214 over the six years to May 2026, the following assumptions must hold true:

• The value of 38 GLOUCESTER ROAD has moved in line with the HPI for terraced houses in the Brentwood local authority area.
• The May 2020 sale price of £336,000 represented a fair market value for the property.
• The size, condition, and specification of 38 GLOUCESTER ROAD has not materially changed since May 2020.

How Large is 38 GLOUCESTER ROAD?

38 GLOUCESTER ROAD is 71m² according to the EPC inspection conducted in August 2017. This puts it in the smallest 10% of terraced houses houses in Brentwood, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Brentwood, and where 38 GLOUCESTER ROAD lies on this distribution: 3% of terraced houses houses are smaller than 38 GLOUCESTER ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Brentwood.

38 GLOUCESTER ROAD: Plot and Title Map

38 GLOUCESTER ROAD sits on a plot of roughly 0.047 of an acre, or 192m². The below map shows the location of 38 GLOUCESTER ROAD, 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 38 GLOUCESTER ROAD). 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 38 GLOUCESTER ROAD?

38 GLOUCESTER ROAD is located in PILGRIMS HATCH, in the CM15 postcode district. The below map shows the position of No. 38 on GLOUCESTER ROAD.