15, FORBES CLOSE, ABBEYMEAD, GLOUCESTER, GL4 5GE - £365,000

15 FORBES CLOSE is a small extended detached house of 89m², built sometime between 1996 and 2002. It was last sold for £365,000 in January 2023, which was around 15% below the average January 2023 detached price in the Gloucester local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was B.

15 FORBES CLOSE Sold Prices

Land registry data shows four sales for 15 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 15 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
2023 6 JAN	£365,000	£428,100	15% below HPI
2016 30 SEP	£262,000	£296,034	11% below HPI
2014 5 SEP	£230,000	£258,726	11% below HPI
1998 9 NOV	£87,000	£93,014	6% below HPI

15 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 15 FORBES CLOSE sales between November 1998 and January 2023 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 September 2016 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the January 2023 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 15 FORBES CLOSE?

15 FORBES CLOSE is 89m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the smallest 30% of detached houses in Gloucester, based on EPC data. The below chart shows the distribution of detached houses by size in Gloucester, and where 15 FORBES CLOSE lies on this distribution: 21% of detached houses are smaller than 15 FORBES CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

15 FORBES CLOSE: Plot and Title Map

15 FORBES CLOSE sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 15 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 15 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 15 FORBES CLOSE?

15 FORBES CLOSE is located in ABBEYMEAD, in the GL4 postcode district. The below map shows the position of No. 15 on FORBES CLOSE.