8, TOWER CLOSE, BARNWOOD, GLOUCESTER, GL4 3EL - £350,000

8 TOWER CLOSE is a large extended detached house of 135m², built sometime between 1991 and 1995. It was last sold for £350,000 in February 2021, which was around 3% below the average February 2021 detached price in the Gloucester local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

8 TOWER CLOSE Sold Prices

Land registry data shows three sales for 8 TOWER CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gloucester local authority area for the corresponding sale date. One of the three 8 TOWER CLOSE sales was for below the average price, whilst two 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
2021 19 FEB	£350,000	£361,168	3% below HPI
2015 26 FEB	£285,000	£260,519	9% above HPI
2011 15 DEC	£245,000	£226,597	8% above HPI

8 TOWER CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gloucester local authority area over time, sourced from the HPI. The three 8 TOWER CLOSE sales between December 2011 and February 2021 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 2015 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the February 2021 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 8 TOWER CLOSE?

8 TOWER CLOSE is 135m², which includes two extensions, according to the EPC inspection conducted in February 2020. This puts it in the largest 30% of detached houses in Gloucester, based on EPC data. The below chart shows the distribution of detached houses by size in Gloucester, and where 8 TOWER CLOSE lies on this distribution: 75% of detached houses are smaller than 8 TOWER CLOSE, and 25% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

8 TOWER CLOSE: Plot and Title Map

8 TOWER CLOSE sits on a plot of roughly 0.089 of an acre, or 361m². The below map shows the location of 8 TOWER 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 TOWER 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 TOWER CLOSE?

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