3, MONARCH CLOSE, ABBEYMEAD, GLOUCESTER, GL4 5EB - £205,000

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

3 MONARCH CLOSE is a midsized detached house of 107m², built sometime between 1996 and 2002. It was last sold for £205,000 in June 2008, which was around 15% below the average June 2008 detached price in the Gloucester local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.

3 MONARCH CLOSE Sold Prices

Land registry data shows two sales for 3 MONARCH 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 MONARCH 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
2008 27 JUN	£205,000	£241,320	15% below HPI
2002 28 JUN	£149,950	£155,990	4% below HPI

3 MONARCH 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 MONARCH CLOSE sales from June 2002 and June 2008 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 June 2002 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the June 2008 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 3 MONARCH CLOSE be worth now?

3 MONARCH CLOSE might now be worth an estimated £357,660.

This is based on house price inflation of 74.5%, between June 2008 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 74.5% inflationary increase is applied to the most recent sale price for 3 MONARCH CLOSE of £205,000 on 27th June 2008. For the value to have increased from £205,000 to £357,660 over the fifteen years and six months to December 2024, the following assumptions must hold true:

• The value of 3 MONARCH CLOSE has moved in line with the HPI for detached houses in the Gloucester local authority area.
• The June 2008 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MONARCH CLOSE has not materially changed since June 2008.

How Large is 3 MONARCH CLOSE?

3 MONARCH CLOSE is 107m² according to the EPC inspection conducted in July 2013. This puts it in the smallest 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 3 MONARCH CLOSE lies on this distribution: 41% of detached houses houses are smaller than 3 MONARCH CLOSE, and 58% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

3 MONARCH CLOSE: Plot and Title Map

3 MONARCH CLOSE sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 3 MONARCH 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 MONARCH 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 MONARCH CLOSE?

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