15, MORWENT CLOSE, ABBEYMEAD, GLOUCESTER, GL4 5YJ - £305,000

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

15 MORWENT CLOSE is a small detached house of 97m², built sometime between 1983 and 1990. It was last sold for £305,000 in December 2018, which was around 9% below the average December 2018 detached price in the Gloucester local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was C.

15 MORWENT CLOSE Sold Prices

Land registry data shows two sales for 15 MORWENT CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Gloucester local authority area for the corresponding sale date. Both of the two 15 MORWENT 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
2018 19 DEC	£305,000	£336,330	9% below HPI
2011 25 MAR	£200,000	£228,255	12% below HPI

15 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 two 15 MORWENT CLOSE sales from March 2011 and December 2018 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 March 2011 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the December 2018 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 15 MORWENT CLOSE?

15 MORWENT CLOSE is 97m² according to the EPC inspection conducted in February 2011. This puts it in the smallest 40% of detached houses in Gloucester, based on EPC data. The below chart shows the distribution of detached houses by size in Gloucester, and where 15 MORWENT CLOSE lies on this distribution: 31% of detached houses are smaller than 15 MORWENT CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

15 MORWENT CLOSE: Plot and Title Map

15 MORWENT CLOSE sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 15 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 15 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 15 MORWENT CLOSE?

15 MORWENT CLOSE is located in ABBEYMEAD, in the GL4 postcode district. The below map shows the position of No. 15 on MORWENT CLOSE.