2, FAIRMOOR CLOSE, PARKEND, LYDNEY, GL15 4HB - £297,500

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

2 FAIRMOOR CLOSE is a small detached house of 112m², built sometime between 2003 and 2006. It was last sold for £297,500 in March 2019, which was around 5% below the average March 2019 detached price in the Forest of Dean local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was C.

2 FAIRMOOR CLOSE Sold Prices

Land registry data shows four sales for 2 FAIRMOOR CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Forest of Dean local authority area for the corresponding sale date. The four 2 FAIRMOOR CLOSE sales were a mix of below the average price, and roughly equal to 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
2019 29 MAR	£297,500	£312,888	5% below HPI
2010 8 FEB	£218,000	£226,417	4% below HPI
2008 20 NOV	£220,000	£219,616	Close to HPI
2004 30 SEP	£205,000	£227,693	10% below HPI

2 FAIRMOOR 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 four 2 FAIRMOOR CLOSE sales between September 2004 and March 2019 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 February 2010 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the March 2019 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 2 FAIRMOOR CLOSE?

2 FAIRMOOR CLOSE is 112m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 40% of detached houses in Parkend, based on EPC data. The below chart shows the distribution of detached houses by size in Parkend, and where 2 FAIRMOOR CLOSE lies on this distribution: 37% of detached houses are smaller than 2 FAIRMOOR CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Parkend.

2 FAIRMOOR CLOSE: Plot and Title Map

2 FAIRMOOR CLOSE sits on a plot of roughly 0.124 of an acre, or 503m². The below map shows the location of 2 FAIRMOOR 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 2 FAIRMOOR 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 2 FAIRMOOR CLOSE?

2 FAIRMOOR CLOSE is located in PARKEND, in the GL15 postcode district. The below map shows the position of No. 2 on FAIRMOOR CLOSE.