41, THE FORGE, HEMPSTED, GLOUCESTER, GL2 5GH - £290,000

41 THE FORGE is a midsized detached house of 108m², built sometime between 2003 and 2006. It was last sold for £290,000 in July 2018, which was around 12% below the average July 2018 detached price in the Gloucester local authority area. The most recent EPC inspection was March 2017, where the current energy rating was C, and the potential energy rating was B.

41 THE FORGE Sold Prices

Land registry data shows two sales for 41 THE FORGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Gloucester local authority area for the corresponding sale date. Both of the two 41 THE FORGE sales were for below 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
2018 13 JUL	£290,000	£329,235	12% below HPI
2008 27 JUN	£240,365	£251,930	5% below HPI

41 THE FORGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gloucester local authority area over time, sourced from the HPI. The two 41 THE FORGE sales from June 2008 and July 2018 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 2008 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the July 2018 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 41 THE FORGE?

41 THE FORGE is 108m² according to the EPC inspection conducted in March 2017. 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 41 THE FORGE lies on this distribution: 42% of detached houses are smaller than 41 THE FORGE, and 57% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

41 THE FORGE: Plot and Title Map

41 THE FORGE sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 41 THE FORGE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 41 THE FORGE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 41 THE FORGE?

41 THE FORGE is located in HEMPSTED, in the GL2 postcode district. The below map shows the position of No. 41 on THE FORGE.