15, COLCHESTER CLOSE, MITCHELDEAN, GL17 0JS - £162,500

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

15 COLCHESTER CLOSE is a large extended semi-detached house of 106m², built sometime between 1967 and 1975, which could now be worth an estimated £247,295. It was last sold for £162,500 in July 2016, which was around 5% below the average July 2016 semi-detached price in the Forest of Dean local authority area. The most recent EPC inspection was September 2009, where the current energy rating was D, and the potential energy rating was C.

15 COLCHESTER CLOSE Sold Prices

Land registry data shows two sales for 15 COLCHESTER CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Forest of Dean local authority area for the corresponding sale date. One of the two 15 COLCHESTER CLOSE sales was for below the average price, whilst the other 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 15 JUL	£162,500	£171,629	5% below HPI
2009 26 NOV	£152,500	£146,124	4% above HPI

15 COLCHESTER CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Forest of Dean local authority area over time, sourced from the HPI. The two 15 COLCHESTER CLOSE sales from November 2009 and July 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 November 2009 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the July 2016 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 15 COLCHESTER CLOSE be worth now?

15 COLCHESTER CLOSE might now be worth an estimated £247,295.

This is based on house price inflation of 52.2%, between July 2016 and February 2025, for semi-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 52.2% inflationary increase is applied to the most recent sale price for 15 COLCHESTER CLOSE of £162,500 on 15th July 2016. For the value to have increased from £162,500 to £247,295 over the nine years and five months to February 2025, the following assumptions must hold true:

• The value of 15 COLCHESTER CLOSE has moved in line with the HPI for semi-detached houses in the Forest of Dean local authority area.
• The July 2016 sale price of £162,500 represented a fair market value for the property.
• The size, condition, and specification of 15 COLCHESTER CLOSE has not materially changed since July 2016.

How Large is 15 COLCHESTER CLOSE?

15 COLCHESTER CLOSE is 106m², which includes one extension, according to the EPC inspection conducted in September 2009. This puts it in the largest 40% of semi-detached houses houses in Mitcheldean, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Mitcheldean, and where 15 COLCHESTER CLOSE lies on this distribution: 60% of semi-detached houses houses are smaller than 15 COLCHESTER CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Mitcheldean.

15 COLCHESTER CLOSE: Plot and Title Map

15 COLCHESTER CLOSE sits on a plot of roughly 0.055 of an acre, or 222m². The below map shows the location of 15 COLCHESTER 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 15 COLCHESTER 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 15 COLCHESTER CLOSE?

15 COLCHESTER CLOSE is located in MITCHELDEAN, in the GL17 postcode district. The below map shows the position of No. 15 on COLCHESTER CLOSE.