18, GLEBE CLOSE, NEWENT, GL18 1BQ - £485,000

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

18 GLEBE CLOSE is a midsized extended detached house of 117m², built sometime between 1950 and 1966, which could now be worth an estimated £466,789. It was last sold for £485,000 in October 2022, which was around 22% above the average October 2022 detached price in the Forest of Dean local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was C.

18 GLEBE CLOSE Sold Prices

Land registry data shows two sales for 18 GLEBE 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 Forest of Dean local authority area for the corresponding sale date. One of the two 18 GLEBE CLOSE sales was for above the average price, whilst the other 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
2022 20 OCT	£485,000	£396,929	22% above HPI
2002 20 AUG	£140,000	£152,505	8% below HPI

18 GLEBE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Forest of Dean local authority area over time, sourced from the HPI. The two 18 GLEBE CLOSE sales from August 2002 and October 2022 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 2002 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the October 2022 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might 18 GLEBE CLOSE be worth now?

18 GLEBE CLOSE might now be worth an estimated £466,789.

This is based on house price deflation of 3.8%, between October 2022 and December 2024, for 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 3.8% deflationary decrease is applied to the most recent sale price for 18 GLEBE CLOSE of £485,000 on 20th October 2022. For the value to have decreased from £485,000 to £466,789 over the one year and ten months to December 2024, the following assumptions must hold true:

• The value of 18 GLEBE CLOSE has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The October 2022 sale price of £485,000 represented a fair market value for the property.
• The size, condition, and specification of 18 GLEBE CLOSE has not materially changed since October 2022.

How Large is 18 GLEBE CLOSE?

18 GLEBE CLOSE is 117m², which includes three extensions, according to the EPC inspection conducted in April 2015. This puts it in the smallest 50% of detached houses houses in Newent, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newent, and where 18 GLEBE CLOSE lies on this distribution: 47% of detached houses houses are smaller than 18 GLEBE CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Newent.

18 GLEBE CLOSE: Plot and Title Map

18 GLEBE CLOSE sits on a plot of roughly 0.132 of an acre, or 536m². The below map shows the location of 18 GLEBE 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 18 GLEBE 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 18 GLEBE CLOSE?

18 GLEBE CLOSE is located in NEWENT, in the GL18 postcode district. The below map shows the position of No. 18 on GLEBE CLOSE.