5, SPRING MEADOW RISE, GLOUCESTER, GL2 5NA - £423,250

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 SPRING MEADOW RISE is a large detached house of 133m², built in 2019, which could now be worth an estimated £553,296. It was last sold for £423,250 in July 2019, which was around 32% above the average July 2019 detached price in the Gloucester local authority area. The most recent EPC inspection was May 2019, where the current energy rating was B, and the potential energy rating was A.

5 SPRING MEADOW RISE Sold Prices

Land registry data shows one sale for 5 SPRING MEADOW RISE 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
2019 19 JUL	£423,250	£320,550	32% above HPI

What might 5 SPRING MEADOW RISE be worth now?

5 SPRING MEADOW RISE might now be worth an estimated £553,296.

This is based on house price inflation of 30.7%, between July 2019 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 30.7% inflationary increase is applied to the most recent sale price for 5 SPRING MEADOW RISE of £423,250 on 19th July 2019. For the value to have increased from £423,250 to £553,296 over the seven years and two months to May 2026, the following assumptions must hold true:

• The value of 5 SPRING MEADOW RISE has moved in line with the HPI for detached houses in the Gloucester local authority area.
• The July 2019 sale price of £423,250 represented a fair market value for the property.
• The size, condition, and specification of 5 SPRING MEADOW RISE has not materially changed since July 2019.

How Large is 5 SPRING MEADOW RISE?

5 SPRING MEADOW RISE is 133m² according to the EPC inspection conducted in May 2019. This puts it in the largest 30% 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 SPRING MEADOW RISE lies on this distribution: 72% of detached houses are smaller than 5 SPRING MEADOW RISE, and 27% of detached houses are larger. Note that EPC data is not available for all properties in Gloucester.

5 SPRING MEADOW RISE: Plot

5 SPRING MEADOW RISE sits on a plot of roughly 0.093 of an acre, or 378m².

Where is 5 SPRING MEADOW RISE?

5 SPRING MEADOW RISE is located in GLOUCESTER, in the GL2 postcode district.