BROADCLOSE, BROADCLOSE ROAD, DOWN HATHERLEY, GLOUCESTER, GL2 9PZ - £622,000

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.

BROADCLOSE is a small extended semi-detached house of 129m², built sometime before 1900, which could now be worth an estimated £650,489. It was last sold for £622,000 in October 2022, which was around 108% above the average October 2022 semi-detached price in the Tewkesbury local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was C.

BROADCLOSE Sold Prices

Land registry data shows four sales for BROADCLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Tewkesbury local authority area for the corresponding sale date. All of the four BROADCLOSE 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 14 OCT	£622,000	£298,481	108% above HPI
2018 21 MAY	£450,000	£235,224	91% above HPI
2016 1 FEB	£427,500	£212,924	101% above HPI
2014 31 OCT	£325,000	£197,973	64% above HPI

BROADCLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Tewkesbury local authority area over time, sourced from the HPI. The four BROADCLOSE sales between October 2014 and October 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 May 2018 sale was for 91% above the HPI. So the extrapolation line tracks at 91% above the HPI over time, until the October 2022 sale, where it rises to 108% above the HPI. The line then continues to track at 108% above the HPI.

What might BROADCLOSE be worth now?

BROADCLOSE might now be worth an estimated £650,489.

This is based on house price inflation of 4.6%, between October 2022 and February 2025, for semi-detached houses, in the Tewkesbury local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.6% inflationary increase is applied to the most recent sale price for BROADCLOSE of £622,000 on 14th October 2022. For the value to have increased from £622,000 to £650,489 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of BROADCLOSE has moved in line with the HPI for semi-detached houses in the Tewkesbury local authority area.
• The October 2022 sale price of £622,000 represented a fair market value for the property.
• The size, condition, and specification of BROADCLOSE has not materially changed since October 2022.

How Large is BROADCLOSE?

BROADCLOSE is 129m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the smallest 30% of semi-detached houses houses in Norton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Norton, and where BROADCLOSE lies on this distribution: 25% of semi-detached houses houses are smaller than BROADCLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Norton.

BROADCLOSE: Plot and Title Map

BROADCLOSE sits on a plot of roughly 0.191 of an acre, or 772m². The below map shows the location of BROADCLOSE, 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 BROADCLOSE). 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 BROADCLOSE?

BROADCLOSE is located on BROADCLOSE ROAD in DOWN HATHERLEY, in the GL2 postcode district. The below map shows the position of BROADCLOSE on BROADCLOSE ROAD.