3, MARTEN CLOSE, ABBEYMEAD, GLOUCESTER, GL4 5YG - £70,000

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

3 MARTEN CLOSE is a midsized extended detached house of 107m², built sometime between 1991 and 1995. It was last sold for £70,000 in April 1999, which was around 28% below the average April 1999 detached price in the Gloucester local authority area. The most recent EPC inspection was September 2024, where the current energy rating was D, and the potential energy rating was C.

3 MARTEN CLOSE Sold Prices

Land registry data shows two sales for 3 MARTEN 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 3 MARTEN 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
1999 30 APR	£70,000	£97,584	28% below HPI
1995 27 OCT	£59,000	£76,674	23% below HPI

3 MARTEN 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 3 MARTEN CLOSE sales from October 1995 and April 1999 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 October 1995 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the April 1999 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 3 MARTEN CLOSE?

3 MARTEN CLOSE is 107m², which includes three extensions, according to the EPC inspection conducted in September 2024. This puts it in the smallest 50% of detached houses in Gloucester, based on EPC data. The below chart shows the distribution of detached houses by size in Gloucester, and where 3 MARTEN CLOSE lies on this distribution: 41% of detached houses are smaller than 3 MARTEN CLOSE, and 58% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

3 MARTEN CLOSE: Plot and Title Map

3 MARTEN CLOSE sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 3 MARTEN 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 3 MARTEN 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 3 MARTEN CLOSE?

3 MARTEN CLOSE is located in ABBEYMEAD, in the GL4 postcode district. The below map shows the position of No. 3 on MARTEN CLOSE.