5, DOWNY CLOSE, QUEDGELEY, GLOUCESTER, GL2 4GF - £40,000

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.

5 DOWNY CLOSE is a small terraced house of 56m², built sometime between 1991 and 1995, which could now be worth an estimated £217,992. It was last sold for £40,000 in August 1998, which was around 3% above the average August 1998 terraced price in the Gloucester local authority area. The most recent EPC inspection was November 2017, where the current energy rating was C, and the potential energy rating was B.

5 DOWNY CLOSE Sold Prices

Land registry data shows one sale for 5 DOWNY CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced 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
1998 24 AUG	£40,000	£38,856	3% above HPI

What might 5 DOWNY CLOSE be worth now?

5 DOWNY CLOSE might now be worth an estimated £217,992.

This is based on house price inflation of 445%, between August 1998 and May 2026, 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 445% inflationary increase is applied to the most recent sale price for 5 DOWNY CLOSE of £40,000 on 24th August 1998. For the value to have increased from £40,000 to £217,992 over the 28 years and three months to May 2026, the following assumptions must hold true:

• The value of 5 DOWNY CLOSE has moved in line with the HPI for terraced houses in the Gloucester local authority area.
• The August 1998 sale price of £40,000 represented a fair market value for the property.
• The size, condition, and specification of 5 DOWNY CLOSE has not materially changed since August 1998.

How Large is 5 DOWNY CLOSE?

5 DOWNY CLOSE is 56m² according to the EPC inspection conducted in November 2017. This puts it in the smallest 30% of terraced houses in Quedgeley, based on EPC data. The below chart shows the distribution of terraced houses by size in Quedgeley, and where 5 DOWNY CLOSE lies on this distribution: 28% of terraced houses are smaller than 5 DOWNY CLOSE, and 69% of terraced houses are larger. Note that EPC data is not available for all properties in Quedgeley.

5 DOWNY CLOSE: Plot

5 DOWNY CLOSE sits on a plot of roughly 0.026 of an acre, or 104m².

Where is 5 DOWNY CLOSE?

5 DOWNY CLOSE is located in QUEDGELEY, in the GL2 postcode district.