1, MONARCH CLOSE, ABBEYMEAD, GLOUCESTER, GL4 5EB - £249,000

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 MONARCH CLOSE is a small extended detached house of 91m², built sometime between 1991 and 1995, which could now be worth an estimated £373,319. It was last sold for £249,000 in March 2016, which was around 9% below the average March 2016 detached price in the Gloucester local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was C.

1 MONARCH CLOSE Sold Prices

Land registry data shows three sales for 1 MONARCH CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gloucester local authority area for the corresponding sale date. Two of the three 1 MONARCH CLOSE sales were for below the average price, whilst one was for above 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
2016 31 MAR	£249,000	£274,401	9% below HPI
2008 28 MAY	£230,000	£242,777	5% below HPI
2000 15 JUN	£116,000	£114,835	1% above HPI

1 MONARCH CLOSE 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 three 1 MONARCH CLOSE sales between June 2000 and March 2016 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 May 2008 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the March 2016 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 1 MONARCH CLOSE be worth now?

1 MONARCH CLOSE might now be worth an estimated £373,319.

This is based on house price inflation of 49.9%, between March 2016 and February 2025, 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 49.9% inflationary increase is applied to the most recent sale price for 1 MONARCH CLOSE of £249,000 on 31st March 2016. For the value to have increased from £249,000 to £373,319 over the nine years and one month to February 2025, the following assumptions must hold true:

• The value of 1 MONARCH CLOSE has moved in line with the HPI for detached houses in the Gloucester local authority area.
• The March 2016 sale price of £249,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MONARCH CLOSE has not materially changed since March 2016.

How Large is 1 MONARCH CLOSE?

1 MONARCH CLOSE is 91m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the smallest 30% of detached houses houses in Gloucester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gloucester, and where 1 MONARCH CLOSE lies on this distribution: 23% of detached houses houses are smaller than 1 MONARCH CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

1 MONARCH CLOSE: Plot and Title Map

1 MONARCH CLOSE sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 1 MONARCH 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 MONARCH 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 MONARCH CLOSE?

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