7, FOSSE CLOSE, ABBEYMEAD, GLOUCESTER, GL4 5EF - £229,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

7 FOSSE CLOSE is a very small detached house of 75m², built sometime between 1983 and 1990. It was last sold for £229,000 in December 2015, which was around 18% below the average December 2015 detached price in the Gloucester local authority area. The most recent EPC inspection was August 2013, where the current energy rating was C, and the potential energy rating was B.

7 FOSSE CLOSE Sold Prices

Land registry data shows five sales for 7 FOSSE CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Gloucester local authority area for the corresponding sale date. All of the five 7 FOSSE 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
2015 18 DEC	£229,000	£279,843	18% below HPI
2013 4 DEC	£185,000	£240,060	23% below HPI
2011 4 NOV	£170,000	£226,965	25% below HPI
2002 12 SEP	£143,000	£180,027	21% below HPI
1999 29 APR	£76,000	£97,584	22% below HPI

7 FOSSE 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 five 7 FOSSE CLOSE sales between April 1999 and December 2015 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 2013 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the December 2015 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 7 FOSSE CLOSE?

7 FOSSE CLOSE is 75m² according to the EPC inspection conducted in August 2013. This puts it in the smallest 10% of detached houses in Gloucester, based on EPC data. The below chart shows the distribution of detached houses by size in Gloucester, and where 7 FOSSE CLOSE lies on this distribution: 9% of detached houses are smaller than 7 FOSSE CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

7 FOSSE CLOSE: Plot and Title Map

7 FOSSE CLOSE sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 7 FOSSE 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 7 FOSSE 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 7 FOSSE CLOSE?

7 FOSSE CLOSE is located in ABBEYMEAD, in the GL4 postcode district. The below map shows the position of No. 7 on FOSSE CLOSE.