11, FORBES CLOSE, ABBEYMEAD, GLOUCESTER, GL4 5GE - £283,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

11 FORBES CLOSE is a very small extended detached house of 85m², built sometime between 1996 and 2002. It was last sold for £283,000 in January 2021, which was around 21% below the average January 2021 detached price in the Gloucester local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

11 FORBES CLOSE Sold Prices

Land registry data shows five sales for 11 FORBES CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Gloucester local authority area for the corresponding sale date. All of the five 11 FORBES 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
2021 4 JAN	£283,000	£358,188	21% below HPI
2016 3 AUG	£242,000	£297,769	19% below HPI
2004 25 JUN	£184,950	£214,657	14% below HPI
2001 22 AUG	£119,950	£140,688	15% below HPI
1998 28 AUG	£85,500	£90,917	6% below HPI

11 FORBES 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 five 11 FORBES CLOSE sales between August 1998 and January 2021 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 2016 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the January 2021 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 11 FORBES CLOSE?

11 FORBES CLOSE is 85m², which includes two extensions, according to the EPC inspection conducted in February 2016. This puts it in the smallest 20% of detached houses in Gloucester, based on EPC data. The below chart shows the distribution of detached houses by size in Gloucester, and where 11 FORBES CLOSE lies on this distribution: 16% of detached houses are smaller than 11 FORBES CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

11 FORBES CLOSE: Plot and Title Map

11 FORBES CLOSE sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of 11 FORBES 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 11 FORBES 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 11 FORBES CLOSE?

11 FORBES CLOSE is located in ABBEYMEAD, in the GL4 postcode district. The below map shows the position of No. 11 on FORBES CLOSE.