23, GROVELANDS, GLOUCESTER, GL4 3JF - £525,000

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.

23 GROVELANDS is a very large detached house of 197m², built sometime between 1996 and 2002, which could now be worth an estimated £714,163. It was last sold for £525,000 in October 2017, which was around 70% above the average October 2017 detached price in the Gloucester local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was B.

23 GROVELANDS Sold Prices

Land registry data shows five sales for 23 GROVELANDS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Gloucester local authority area for the corresponding sale date. All of the five 23 GROVELANDS 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
2017 2 OCT	£525,000	£308,048	70% above HPI
2015 22 DEC	£430,000	£268,058	60% above HPI
2010 20 MAY	£435,000	£215,591	102% above HPI
2010 20 MAY	£435,000	£215,591	102% above HPI
2002 22 NOV	£332,000	£180,337	84% above HPI

What might 23 GROVELANDS be worth now?

23 GROVELANDS might now be worth an estimated £714,163.

This is based on house price inflation of 36%, between October 2017 and May 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 36% inflationary increase is applied to the most recent sale price for 23 GROVELANDS of £525,000 on 2nd October 2017. For the value to have increased from £525,000 to £714,163 over the nine years and five months to May 2026, the following assumptions must hold true:

• The value of 23 GROVELANDS has moved in line with the HPI for detached houses in the Gloucester local authority area.
• The October 2017 sale price of £525,000 represented a fair market value for the property.
• The size, condition, and specification of 23 GROVELANDS has not materially changed since October 2017.

How Large is 23 GROVELANDS?

23 GROVELANDS is 197m² according to the EPC inspection conducted in September 2014. This puts it in the largest 10% of detached houses in Gloucester, based on EPC data. The below chart shows the distribution of detached houses by size in Gloucester, and where 23 GROVELANDS lies on this distribution: 96% of detached houses are smaller than 23 GROVELANDS, and 4% of detached houses are larger. Note that EPC data is not available for all properties in Gloucester.

23 GROVELANDS: Plot

23 GROVELANDS sits on a plot of roughly 0.158 of an acre, or 641m².

Where is 23 GROVELANDS?

23 GROVELANDS is located in GLOUCESTER, in the GL4 postcode district.