2, RIVERMEAD CLOSE, GLOUCESTER, GL2 9AG - £365,000

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.

2 RIVERMEAD CLOSE is a small extended detached house of 103m², built sometime between 1950 and 1966, which could now be worth an estimated £375,555. It was last sold for £365,000 in February 2023, which was around 10% below the average February 2023 detached price in the Gloucester local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was C.

2 RIVERMEAD CLOSE Sold Prices

Land registry data shows one sale for 2 RIVERMEAD CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Gloucester local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2023 21 FEB	£365,000	£406,030	10% below HPI

What might 2 RIVERMEAD CLOSE be worth now?

2 RIVERMEAD CLOSE might now be worth an estimated £375,555.

This is based on house price inflation of 2.9%, between February 2023 and April 2026, for 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 2.9% inflationary increase is applied to the most recent sale price for 2 RIVERMEAD CLOSE of £365,000 on 21st February 2023. For the value to have increased from £365,000 to £375,555 over the two years and ten months to April 2026, the following assumptions must hold true:

• The value of 2 RIVERMEAD CLOSE has moved in line with the HPI for detached houses in the Gloucester local authority area.
• The February 2023 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 2 RIVERMEAD CLOSE has not materially changed since February 2023.

How Large is 2 RIVERMEAD CLOSE?

2 RIVERMEAD CLOSE is 103m², which includes one extension, according to the EPC inspection conducted in April 2022. This puts it in the smallest 40% of detached houses in Gloucester, based on EPC data. The below chart shows the distribution of detached houses by size in Gloucester, and where 2 RIVERMEAD CLOSE lies on this distribution: 36% of detached houses are smaller than 2 RIVERMEAD CLOSE, and 63% of detached houses are larger. Note that EPC data is not available for all properties in Gloucester.

2 RIVERMEAD CLOSE: Plot

2 RIVERMEAD CLOSE sits on a plot of roughly 0.248 of an acre, or 1,005m².

Where is 2 RIVERMEAD CLOSE?

2 RIVERMEAD CLOSE is located in GLOUCESTER, in the GL2 postcode district.