27, FORBES CLOSE, ABBEYMEAD, GLOUCESTER, GL4 5GE - £165,000

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

27 FORBES CLOSE is a small extended detached house of 102m², built sometime between 1983 and 1990. It was last sold for £165,000 in October 2002, which was around 7% below the average October 2002 detached price in the Gloucester local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was C.

27 FORBES CLOSE Sold Prices

Land registry data shows two sales for 27 FORBES 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. One of the two 27 FORBES 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
2002 25 OCT	£165,000	£176,972	7% below HPI
1998 3 JUL	£92,500	£86,071	7% above HPI

27 FORBES 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 27 FORBES CLOSE sales from July 1998 and October 2002 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 July 1998 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the October 2002 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 27 FORBES CLOSE be worth now?

27 FORBES CLOSE might now be worth an estimated £392,545.

This is based on house price inflation of 137.9%, between October 2002 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 137.9% inflationary increase is applied to the most recent sale price for 27 FORBES CLOSE of £165,000 on 25th October 2002. For the value to have increased from £165,000 to £392,545 over the 21 years and ten months to December 2024, the following assumptions must hold true:

• The value of 27 FORBES CLOSE has moved in line with the HPI for detached houses in the Gloucester local authority area.
• The October 2002 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 27 FORBES CLOSE has not materially changed since October 2002.

How Large is 27 FORBES CLOSE?

27 FORBES CLOSE is 102m², which includes two extensions, according to the EPC inspection conducted in March 2016. This puts it in the smallest 40% 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 27 FORBES CLOSE lies on this distribution: 35% of detached houses houses are smaller than 27 FORBES CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

27 FORBES CLOSE: Plot and Title Map

27 FORBES CLOSE sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 27 FORBES 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 27 FORBES 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 27 FORBES CLOSE?

27 FORBES CLOSE is located in ABBEYMEAD, in the GL4 postcode district. The below map shows the position of No. 27 on FORBES CLOSE.