8, MINERVA CLOSE, ABBEYMEAD, GLOUCESTER, GL4 5JD - £215,500

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 MINERVA CLOSE is a very small terraced house of 60m², built sometime between 1976 and 1982, which could now be worth an estimated £213,943. It was last sold for £215,500 in August 2023, which was around 8% above the average August 2023 terraced price in the Gloucester local authority area. The most recent EPC inspection was January 2023, where the current energy rating was D, and the potential energy rating was B.

8 MINERVA CLOSE Sold Prices

Land registry data shows three sales for 8 MINERVA CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Gloucester local authority area for the corresponding sale date. All of the three 8 MINERVA 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
2023 18 AUG	£215,500	£199,884	8% above HPI
2000 5 MAY	£63,950	£49,881	28% above HPI
1998 17 JUL	£51,000	£38,731	32% above HPI

8 MINERVA CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Gloucester local authority area over time, sourced from the HPI. The three 8 MINERVA CLOSE sales between July 1998 and August 2023 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 May 2000 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the August 2023 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 8 MINERVA CLOSE be worth now?

8 MINERVA CLOSE might now be worth an estimated £213,943.

This is based on house price deflation of 0.7%, between August 2023 and July 2025, for terraced 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 0.7% deflationary decrease is applied to the most recent sale price for 8 MINERVA CLOSE of £215,500 on 18th August 2023. For the value to have decreased from £215,500 to £213,943 over the two years and one month to July 2025, the following assumptions must hold true:

• The value of 8 MINERVA CLOSE has moved in line with the HPI for terraced houses in the Gloucester local authority area.
• The August 2023 sale price of £215,500 represented a fair market value for the property.
• The size, condition, and specification of 8 MINERVA CLOSE has not materially changed since August 2023.

How Large is 8 MINERVA CLOSE?

8 MINERVA CLOSE is 60m² according to the EPC inspection conducted in January 2023. This puts it in the smallest 10% of terraced houses houses in Gloucester, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Gloucester, and where 8 MINERVA CLOSE lies on this distribution: 3% of terraced houses houses are smaller than 8 MINERVA CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

8 MINERVA CLOSE: Plot and Title Map

8 MINERVA CLOSE sits on a plot of roughly 0.034 of an acre, or 138m². The below map shows the location of 8 MINERVA 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 8 MINERVA 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 8 MINERVA CLOSE?

8 MINERVA CLOSE is located in ABBEYMEAD, in the GL4 postcode district. The below map shows the position of No. 8 on MINERVA CLOSE.