1, FAIRMOOR CLOSE, PARKEND, LYDNEY, GL15 4HB - £299,995

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.

1 FAIRMOOR CLOSE is a large extended detached house of 137m², built sometime between 2003 and 2006, which could now be worth an estimated £404,003. It was last sold for £299,995 in July 2018, which was about the average July 2018 detached price in the Forest of Dean local authority area. The most recent EPC inspection was March 2018, where the current energy rating was C, and the potential energy rating was B.

1 FAIRMOOR CLOSE Sold Prices

Land registry data shows two sales for 1 FAIRMOOR CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Forest of Dean local authority area for the corresponding sale date. One of the two 1 FAIRMOOR CLOSE sales was roughly equal to the average price, whilst the other was 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 10 JUL	£299,995	£300,761	Close to HPI
2005 7 FEB	£195,000	£218,955	11% below HPI

1 FAIRMOOR CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Forest of Dean local authority area over time, sourced from the HPI. The two 1 FAIRMOOR CLOSE sales from February 2005 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 February 2005 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the July 2018 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 1 FAIRMOOR CLOSE be worth now?

1 FAIRMOOR CLOSE might now be worth an estimated £404,003.

This is based on house price inflation of 34.7%, between July 2018 and February 2025, for detached houses, in the Forest of Dean local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 34.7% inflationary increase is applied to the most recent sale price for 1 FAIRMOOR CLOSE of £299,995 on 10th July 2018. For the value to have increased from £299,995 to £404,003 over the seven years and five months to February 2025, the following assumptions must hold true:

• The value of 1 FAIRMOOR CLOSE has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The July 2018 sale price of £299,995 represented a fair market value for the property.
• The size, condition, and specification of 1 FAIRMOOR CLOSE has not materially changed since July 2018.

How Large is 1 FAIRMOOR CLOSE?

1 FAIRMOOR CLOSE is 137m², which includes one extension, according to the EPC inspection conducted in March 2018. This puts it in the largest 40% of detached houses houses in Parkend, based on EPC data. The below chart shows the distribution of detached houses houses by size in Parkend, and where 1 FAIRMOOR CLOSE lies on this distribution: 62% of detached houses houses are smaller than 1 FAIRMOOR CLOSE, and 38% of houses are larger. Note that EPC data is not available for all properties in Parkend.

1 FAIRMOOR CLOSE: Plot and Title Map

1 FAIRMOOR CLOSE sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 1 FAIRMOOR CLOSE, 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 1 FAIRMOOR CLOSE). 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 1 FAIRMOOR CLOSE?

1 FAIRMOOR CLOSE is located in PARKEND, in the GL15 postcode district. The below map shows the position of No. 1 on FAIRMOOR CLOSE.