1, MARTEN CLOSE, ABBEYMEAD, GLOUCESTER, GL4 5YG - £165,000

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.

1 MARTEN CLOSE is a very small semi-detached house of 51m², built sometime between 1983 and 1990, which could now be worth an estimated £240,680. It was last sold for £165,000 in January 2017, which was around 11% below the average January 2017 semi-detached price in the Gloucester local authority area. The most recent EPC inspection was July 2016, where the current energy rating was C, and the potential energy rating was B.

1 MARTEN CLOSE Sold Prices

Land registry data shows four sales for 1 MARTEN CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Gloucester local authority area for the corresponding sale date. Most of the four 1 MARTEN CLOSE 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
2017 26 JAN	£165,000	£185,637	11% below HPI
2002 30 AUG	£87,995	£101,277	13% below HPI
2000 14 JUN	£68,000	£70,436	3% below HPI
1997 28 NOV	£51,500	£51,006	1% above HPI

1 MARTEN CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Gloucester local authority area over time, sourced from the HPI. The four 1 MARTEN CLOSE sales between November 1997 and January 2017 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 August 2002 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the January 2017 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 1 MARTEN CLOSE be worth now?

1 MARTEN CLOSE might now be worth an estimated £240,680.

This is based on house price inflation of 45.9%, between January 2017 and March 2025, for semi-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 45.9% inflationary increase is applied to the most recent sale price for 1 MARTEN CLOSE of £165,000 on 26th January 2017. For the value to have increased from £165,000 to £240,680 over the seven years and ten months to March 2025, the following assumptions must hold true:

• The value of 1 MARTEN CLOSE has moved in line with the HPI for semi-detached houses in the Gloucester local authority area.
• The January 2017 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MARTEN CLOSE has not materially changed since January 2017.

How Large is 1 MARTEN CLOSE?

1 MARTEN CLOSE is 51m² according to the EPC inspection conducted in July 2016. This puts it in the smallest 10% of semi-detached houses houses in Gloucester, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Gloucester, and where 1 MARTEN CLOSE lies on this distribution: 1% of semi-detached houses houses are smaller than 1 MARTEN CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

1 MARTEN CLOSE: Plot and Title Map

1 MARTEN CLOSE sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 1 MARTEN 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 MARTEN 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 MARTEN CLOSE?

1 MARTEN CLOSE is located in ABBEYMEAD, in the GL4 postcode district. The below map shows the position of No. 1 on MARTEN CLOSE.