8, MAYFIELD DRIVE, HUCCLECOTE, GLOUCESTER, GL3 3DU - £270,000

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 MAYFIELD DRIVE is a very small semi-detached house of 55m², built sometime between 1950 and 1966, which could now be worth an estimated £278,584. It was last sold for £270,000 in August 2022, which was around 3% above the average August 2022 semi-detached price in the Gloucester local authority area. The most recent EPC inspection was July 2022, where the current energy rating was E, and the potential energy rating was B.

8 MAYFIELD DRIVE Sold Prices

Land registry data shows two sales for 8 MAYFIELD DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Gloucester local authority area for the corresponding sale date. Both of the two 8 MAYFIELD DRIVE 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
2022 18 AUG	£270,000	£263,007	3% above HPI
2003 20 MAR	£124,000	£114,589	8% above HPI

8 MAYFIELD DRIVE 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 two 8 MAYFIELD DRIVE sales from March 2003 and August 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 March 2003 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the August 2022 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 8 MAYFIELD DRIVE be worth now?

8 MAYFIELD DRIVE might now be worth an estimated £278,584.

This is based on house price inflation of 3.2%, between August 2022 and February 2025, 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 3.2% inflationary increase is applied to the most recent sale price for 8 MAYFIELD DRIVE of £270,000 on 18th August 2022. For the value to have increased from £270,000 to £278,584 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 8 MAYFIELD DRIVE has moved in line with the HPI for semi-detached houses in the Gloucester local authority area.
• The August 2022 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 8 MAYFIELD DRIVE has not materially changed since August 2022.

How Large is 8 MAYFIELD DRIVE?

8 MAYFIELD DRIVE is 55m² according to the EPC inspection conducted in July 2022. 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 8 MAYFIELD DRIVE lies on this distribution: 1% of semi-detached houses houses are smaller than 8 MAYFIELD DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

8 MAYFIELD DRIVE: Plot and Title Map

8 MAYFIELD DRIVE sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 8 MAYFIELD DRIVE, 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 MAYFIELD DRIVE). 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 MAYFIELD DRIVE?

8 MAYFIELD DRIVE is located in HUCCLECOTE, in the GL3 postcode district. The below map shows the position of No. 8 on MAYFIELD DRIVE.