41, FORBES CLOSE, ABBEYMEAD, GLOUCESTER, GL4 5GE - £160,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

41 FORBES CLOSE is a very small semi-detached house of 69m², built sometime between 1991 and 1995, which could now be worth an estimated £303,261. It was last sold for £160,000 in June 2012, which was around 12% above the average June 2012 semi-detached price in the Gloucester local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was C.

41 FORBES CLOSE Sold Prices

Land registry data shows seven sales for 41 FORBES CLOSE since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average semi-detached price in the Gloucester local authority area for the corresponding sale date. All of the seven 41 FORBES CLOSE 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
2012 14 JUN	£160,000	£143,174	12% above HPI
2007 30 NOV	£177,000	£163,550	8% above HPI
2003 24 NOV	£131,000	£121,893	7% above HPI
2002 27 MAR	£90,000	£86,670	4% above HPI
2001 12 APR	£85,950	£76,451	12% above HPI
2000 21 JAN	£75,000	£64,382	16% above HPI
1998 22 MAY	£66,750	£52,702	27% above HPI

41 FORBES CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Gloucester local authority area over time, sourced from the HPI. The seven 41 FORBES CLOSE sales between May 1998 and June 2012 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 November 2007 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the June 2012 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 41 FORBES CLOSE be worth now?

41 FORBES CLOSE might now be worth an estimated £303,261.

This is based on house price inflation of 89.5%, between June 2012 and February 2025, for semi-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 89.5% inflationary increase is applied to the most recent sale price for 41 FORBES CLOSE of £160,000 on 14th June 2012. For the value to have increased from £160,000 to £303,261 over the thirteen years and four months to February 2025, the following assumptions must hold true:

• The value of 41 FORBES CLOSE has moved in line with the HPI for semi-detached houses in the Gloucester local authority area.
• The June 2012 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 41 FORBES CLOSE has not materially changed since June 2012.

How Large is 41 FORBES CLOSE?

41 FORBES CLOSE is 69m² according to the EPC inspection conducted in October 2011. This puts it in the smallest 10% of semi-detached houses houses in Gloucester, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Gloucester, and where 41 FORBES CLOSE lies on this distribution: 5% of semi-detached houses houses are smaller than 41 FORBES CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

41 FORBES CLOSE: Plot and Title Map

41 FORBES CLOSE sits on a plot of roughly 0.034 of an acre, or 139m². The below map shows the location of 41 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 41 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 41 FORBES CLOSE?

41 FORBES CLOSE is located in ABBEYMEAD, in the GL4 postcode district. The below map shows the position of No. 41 on FORBES CLOSE.