9, FORBES CLOSE, ABBEYMEAD, GLOUCESTER, GL4 5GE - £170,000

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

9 FORBES CLOSE is a small detached house of 106m², built sometime between 1996 and 2002. It was last sold for £170,000 in April 2009, which was around 19% below the average April 2009 detached price in the Gloucester local authority area. The most recent EPC inspection was March 2009, where the current energy rating was C, and the potential energy rating was C.

9 FORBES CLOSE Sold Prices

Land registry data shows four sales for 9 FORBES CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Gloucester local authority area for the corresponding sale date. All of the four 9 FORBES 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
2009 27 APR	£170,000	£208,667	19% below HPI
2003 27 JUN	£160,000	£200,998	20% below HPI
1999 4 JUN	£85,000	£98,841	14% below HPI
1998 12 NOV	£85,500	£93,014	8% below HPI

9 FORBES 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 four 9 FORBES CLOSE sales between November 1998 and April 2009 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 2003 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the April 2009 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 9 FORBES CLOSE?

9 FORBES CLOSE is 106m² according to the EPC inspection conducted in March 2009. This puts it in the smallest 40% of detached houses in Gloucester, based on EPC data. The below chart shows the distribution of detached houses by size in Gloucester, and where 9 FORBES CLOSE lies on this distribution: 40% of detached houses are smaller than 9 FORBES CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

9 FORBES CLOSE: Plot and Title Map

9 FORBES CLOSE sits on a plot of roughly 0.059 of an acre, or 237m². The below map shows the location of 9 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 9 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 9 FORBES CLOSE?

9 FORBES CLOSE is located in ABBEYMEAD, in the GL4 postcode district. The below map shows the position of No. 9 on FORBES CLOSE.