8, ARMSCROFT WAY, GLOUCESTER, GL2 0ST - £330,000

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.

8 ARMSCROFT WAY is a large extended semi-detached house of 124m², built sometime between 1950 and 1966, which could now be worth an estimated £455,428. It was last sold for £330,000 in May 2019, which was around 61% above the average May 2019 semi-detached price in the Gloucester local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was C.

8 ARMSCROFT WAY Sold Prices

Land registry data shows three sales for 8 ARMSCROFT WAY 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 8 ARMSCROFT WAY 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
2019 10 MAY	£330,000	£204,851	61% above HPI
2018 30 JUL	£315,000	£204,795	54% above HPI
1999 29 JUL	£89,950	£58,393	54% above HPI

8 ARMSCROFT WAY 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 8 ARMSCROFT WAY sales between July 1999 and May 2019 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 July 2018 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the May 2019 sale, where it rises to 61% above the HPI. The line then continues to track at 61% above the HPI.

What might 8 ARMSCROFT WAY be worth now?

8 ARMSCROFT WAY might now be worth an estimated £455,428.

This is based on house price inflation of 38%, between May 2019 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 38% inflationary increase is applied to the most recent sale price for 8 ARMSCROFT WAY of £330,000 on 10th May 2019. For the value to have increased from £330,000 to £455,428 over the seven years to May 2026, the following assumptions must hold true:

• The value of 8 ARMSCROFT WAY has moved in line with the HPI for semi-detached houses in the Gloucester local authority area.
• The May 2019 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 8 ARMSCROFT WAY has not materially changed since May 2019.

How Large is 8 ARMSCROFT WAY?

8 ARMSCROFT WAY is 124m², which includes one extension, according to the EPC inspection conducted in February 2018. This puts it in the largest 40% 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 8 ARMSCROFT WAY lies on this distribution: 63% of semi-detached houses houses are smaller than 8 ARMSCROFT WAY, and 36% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

8 ARMSCROFT WAY: Plot and Title Map

8 ARMSCROFT WAY sits on a plot of roughly 0.097 of an acre, or 393m². The below map shows the location of 8 ARMSCROFT WAY, 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 8 ARMSCROFT WAY). 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 8 ARMSCROFT WAY?

8 ARMSCROFT WAY is located in GLOUCESTER, in the GL2 postcode district. The below map shows the position of No. 8 on ARMSCROFT WAY.