5, PENNY CLOSE, LONGLEVENS, GLOUCESTER, GL2 0NP - £285,000

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 PENNY CLOSE is a midsized detached house of 112m², built sometime between 1983 and 1990, which could now be worth an estimated £496,754. It was last sold for £285,000 in July 2014, which was around 19% above the average July 2014 detached price in the Gloucester local authority area. The most recent EPC inspection was June 2014, where the current energy rating was C, and the potential energy rating was B.

5 PENNY CLOSE Sold Prices

Land registry data shows one sale for 5 PENNY 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
2014 25 JUL	£285,000	£240,414	19% above HPI

What might 5 PENNY CLOSE be worth now?

5 PENNY CLOSE might now be worth an estimated £496,754.

This is based on house price inflation of 74.3%, between July 2014 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 74.3% inflationary increase is applied to the most recent sale price for 5 PENNY CLOSE of £285,000 on 25th July 2014. For the value to have increased from £285,000 to £496,754 over the twelve years and two months to May 2026, the following assumptions must hold true:

• The value of 5 PENNY CLOSE has moved in line with the HPI for detached houses in the Gloucester local authority area.
• The July 2014 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 5 PENNY CLOSE has not materially changed since July 2014.

How Large is 5 PENNY CLOSE?

5 PENNY CLOSE is 112m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 50% of detached houses in Gloucester, based on EPC data. The below chart shows the distribution of detached houses by size in Gloucester, and where 5 PENNY CLOSE lies on this distribution: 47% of detached houses are smaller than 5 PENNY CLOSE, and 51% of detached houses are larger. Note that EPC data is not available for all properties in Gloucester.

5 PENNY CLOSE: Plot

5 PENNY CLOSE sits on a plot of roughly 0.097 of an acre, or 391m².

Where is 5 PENNY CLOSE?

5 PENNY CLOSE is located in LONGLEVENS, in the GL2 postcode district.