17, MORWENT CLOSE, ABBEYMEAD, GLOUCESTER, GL4 5YJ - £260,000

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

17 MORWENT CLOSE is a midsized extended detached house of 116m², built sometime between 1991 and 1995. It was last sold for £260,000 in June 2015, which was around 2% above the average June 2015 detached price in the Gloucester local authority area. The most recent EPC inspection was March 2015, where the current energy rating was C, and the potential energy rating was B.

17 MORWENT CLOSE Sold Prices

Land registry data shows three sales for 17 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. Two of the three 17 MORWENT CLOSE sales were for above the average price, whilst one was 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
2015 18 JUN	£260,000	£254,192	2% above HPI
2005 6 DEC	£181,500	£215,608	16% below HPI
1996 22 MAR	£81,000	£72,784	11% above HPI

17 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 17 MORWENT CLOSE sales between March 1996 and June 2015 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 December 2005 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the June 2015 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 17 MORWENT CLOSE be worth now?

17 MORWENT CLOSE might now be worth an estimated £430,647.

This is based on house price inflation of 65.6%, between June 2015 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 65.6% inflationary increase is applied to the most recent sale price for 17 MORWENT CLOSE of £260,000 on 18th June 2015. For the value to have increased from £260,000 to £430,647 over the eight years and six months to December 2024, the following assumptions must hold true:

• The value of 17 MORWENT CLOSE has moved in line with the HPI for detached houses in the Gloucester local authority area.
• The June 2015 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 17 MORWENT CLOSE has not materially changed since June 2015.

How Large is 17 MORWENT CLOSE?

17 MORWENT CLOSE is 116m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the largest 50% 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 17 MORWENT CLOSE lies on this distribution: 53% of detached houses houses are smaller than 17 MORWENT CLOSE, and 46% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

17 MORWENT CLOSE: Plot and Title Map

17 MORWENT CLOSE sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 17 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 17 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 17 MORWENT CLOSE?

17 MORWENT CLOSE is located in ABBEYMEAD, in the GL4 postcode district. The below map shows the position of No. 17 on MORWENT CLOSE.