41, GLOUCESTER ROAD, LONDON, E12 5JU - £345,000

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.

41 GLOUCESTER ROAD is a very small extended terraced house of 64m², built sometime between 1900 and 1929, which could now be worth an estimated £349,226. It was last sold for £345,000 in February 2022, which was around 24% below the average February 2022 terraced price in the Newham local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was C.

41 GLOUCESTER ROAD Sold Prices

Land registry data shows three sales for 41 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 Newham local authority area for the corresponding sale date. All of the three 41 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
2022 22 FEB	£345,000	£455,080	24% below HPI
2005 10 JUN	£170,000	£204,269	17% below HPI
1996 19 APR	£40,000	£58,096	31% below HPI

41 GLOUCESTER ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Newham local authority area over time, sourced from the HPI. The three 41 GLOUCESTER ROAD sales between April 1996 and February 2022 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 2005 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the February 2022 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 41 GLOUCESTER ROAD be worth now?

41 GLOUCESTER ROAD might now be worth an estimated £349,226.

This is based on house price inflation of 1.2%, between February 2022 and April 2026, for terraced houses, in the Newham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.2% inflationary increase is applied to the most recent sale price for 41 GLOUCESTER ROAD of £345,000 on 22nd February 2022. For the value to have increased from £345,000 to £349,226 over the three years and ten months to April 2026, the following assumptions must hold true:

• The value of 41 GLOUCESTER ROAD has moved in line with the HPI for terraced houses in the Newham local authority area.
• The February 2022 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 41 GLOUCESTER ROAD has not materially changed since February 2022.

How Large is 41 GLOUCESTER ROAD?

41 GLOUCESTER ROAD is 64m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the smallest 10% of terraced houses houses in London, based on EPC data. The below chart shows the distribution of terraced houses houses by size in London, and where 41 GLOUCESTER ROAD lies on this distribution: 2% of terraced houses houses are smaller than 41 GLOUCESTER ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in London.

41 GLOUCESTER ROAD: Plot and Title Map

41 GLOUCESTER ROAD sits on a plot of roughly 0.023 of an acre, or 93m². The below map shows the location of 41 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 41 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 41 GLOUCESTER ROAD?

41 GLOUCESTER ROAD is located in LONDON, in the E12 postcode district. The below map shows the position of No. 41 on GLOUCESTER ROAD.