10, MORWENT CLOSE, ABBEYMEAD, GLOUCESTER, GL4 5YJ - £465,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

10 MORWENT CLOSE is a large detached house of 133m², built sometime between 1976 and 1982. It was last sold for £465,000 in June 2023, which was around 15% above the average June 2023 detached price in the Gloucester local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was B.

10 MORWENT CLOSE Sold Prices

Land registry data shows three sales for 10 MORWENT 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. All of the three 10 MORWENT CLOSE sales were 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
2023 30 JUN	£465,000	£404,823	15% above HPI
2000 31 AUG	£175,000	£119,479	46% above HPI
1999 7 JUL	£127,100	£95,369	33% above HPI

10 MORWENT 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 10 MORWENT CLOSE sales between July 1999 and June 2023 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 2000 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the June 2023 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 10 MORWENT CLOSE be worth now?

10 MORWENT CLOSE might now be worth an estimated £483,613.

This is based on house price inflation of 4%, between June 2023 and December 2024, 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 4% inflationary increase is applied to the most recent sale price for 10 MORWENT CLOSE of £465,000 on 30th June 2023. For the value to have increased from £465,000 to £483,613 over the six months to December 2024, the following assumptions must hold true:

• The value of 10 MORWENT CLOSE has moved in line with the HPI for detached houses in the Gloucester local authority area.
• The June 2023 sale price of £465,000 represented a fair market value for the property.
• The size, condition, and specification of 10 MORWENT CLOSE has not materially changed since June 2023.

How Large is 10 MORWENT CLOSE?

10 MORWENT CLOSE is 133m² according to the EPC inspection conducted in March 2023. This puts it in the largest 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 10 MORWENT CLOSE lies on this distribution: 73% of detached houses houses are smaller than 10 MORWENT CLOSE, and 26% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

10 MORWENT CLOSE: Plot and Title Map

10 MORWENT CLOSE sits on a plot of roughly 0.107 of an acre, or 434m². The below map shows the location of 10 MORWENT 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 10 MORWENT 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 10 MORWENT CLOSE?

10 MORWENT CLOSE is located in ABBEYMEAD, in the GL4 postcode district. The below map shows the position of No. 10 on MORWENT CLOSE.