8, MARJORAM CLOSE, ABBEYMEAD, GLOUCESTER, GL4 5WE - £268,000

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

8 MARJORAM CLOSE is a midsized extended detached house of 117m², built sometime between 1996 and 2002. It was last sold for £268,000 in October 2014, which was around 3% above the average October 2014 detached price in the Gloucester local authority area. The most recent EPC inspection was June 2015, where the current energy rating was E, and the potential energy rating was C.

8 MARJORAM CLOSE Sold Prices

Land registry data shows three sales for 8 MARJORAM CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gloucester local authority area for the corresponding sale date. The three 8 MARJORAM CLOSE sales were a mix of above the average price, and roughly equal to 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
2014 6 OCT	£268,000	£260,144	3% above HPI
2006 19 JAN	£230,000	£229,306	Close to HPI
1996 28 JUN	£86,950	£76,506	14% above HPI

8 MARJORAM 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 three 8 MARJORAM CLOSE sales between June 1996 and October 2014 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 January 2006 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the October 2014 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 8 MARJORAM CLOSE?

8 MARJORAM CLOSE is 117m², which includes one extension, according to the EPC inspection conducted in June 2015. This puts it in the largest 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 8 MARJORAM CLOSE lies on this distribution: 54% of detached houses are smaller than 8 MARJORAM CLOSE, and 45% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

8 MARJORAM CLOSE: Plot and Title Map

8 MARJORAM CLOSE sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 8 MARJORAM 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 8 MARJORAM 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 8 MARJORAM CLOSE?

8 MARJORAM CLOSE is located in ABBEYMEAD, in the GL4 postcode district. The below map shows the position of No. 8 on MARJORAM CLOSE.