33, THE FORGE, HEMPSTED, GLOUCESTER, GL2 5GH - £250,000

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

33 THE FORGE is a very large detached house of 142m², built sometime from 2007 onwards. It was last sold for £250,000 in August 2010, which was around 12% above the average August 2010 detached price in the Gloucester local authority area. The most recent EPC inspection was April 2009, where the current energy rating was C, and the potential energy rating was B.

33 THE FORGE Sold Prices

Land registry data shows two sales for 33 THE FORGE 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 33 THE FORGE sales were 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
2010 27 AUG	£250,000	£222,647	12% above HPI
2007 20 DEC	£307,995	£247,742	24% above HPI

33 THE FORGE 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 33 THE FORGE sales from December 2007 and August 2010 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 December 2007 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the August 2010 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 33 THE FORGE be worth now?

33 THE FORGE might now be worth an estimated £472,752.

This is based on house price inflation of 89.1%, between August 2010 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 89.1% inflationary increase is applied to the most recent sale price for 33 THE FORGE of £250,000 on 27th August 2010. For the value to have increased from £250,000 to £472,752 over the thirteen years and eight months to December 2024, the following assumptions must hold true:

• The value of 33 THE FORGE has moved in line with the HPI for detached houses in the Gloucester local authority area.
• The August 2010 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 33 THE FORGE has not materially changed since August 2010.

How Large is 33 THE FORGE?

33 THE FORGE is 142m² according to the EPC inspection conducted in April 2009. This puts it in the largest 20% 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 33 THE FORGE lies on this distribution: 80% of detached houses houses are smaller than 33 THE FORGE, and 20% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

33 THE FORGE: Plot and Title Map

33 THE FORGE sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 33 THE FORGE, 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 33 THE FORGE). 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 33 THE FORGE?

33 THE FORGE is located in HEMPSTED, in the GL2 postcode district. The below map shows the position of No. 33 on THE FORGE.