14, FORBES CLOSE, ABBEYMEAD, GLOUCESTER, GL4 5GE - £214,000

14 FORBES CLOSE is a very small detached house of 78m², built sometime between 1996 and 2002. It was last sold for £214,000 in August 2013, which was around 8% below the average August 2013 detached price in the Gloucester local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

14 FORBES CLOSE Sold Prices

Land registry data shows three sales for 14 FORBES 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. Two of the three 14 FORBES CLOSE sales were for below the average price, whilst one was 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
2013 23 AUG	£214,000	£232,556	8% below HPI
1999 25 AUG	£98,000	£101,192	3% below HPI
1998 6 MAR	£90,500	£86,004	5% above HPI

14 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 three 14 FORBES CLOSE sales between March 1998 and August 2013 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 August 1999 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the August 2013 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 14 FORBES CLOSE?

14 FORBES CLOSE is 78m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 20% of detached houses in Gloucester, based on EPC data. The below chart shows the distribution of detached houses by size in Gloucester, and where 14 FORBES CLOSE lies on this distribution: 11% of detached houses are smaller than 14 FORBES CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

14 FORBES CLOSE: Plot and Title Map

14 FORBES CLOSE sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 14 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 14 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 14 FORBES CLOSE?

14 FORBES CLOSE is located in ABBEYMEAD, in the GL4 postcode district. The below map shows the position of No. 14 on FORBES CLOSE.