16, FAIRMOOR CLOSE, PARKEND, LYDNEY, GL15 4HB - £160,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

16 FAIRMOOR CLOSE is a very small terraced house of 74m², built sometime between 2003 and 2006, which could now be worth an estimated £301,870. It was last sold for £160,000 in February 2009, which was around 35% above the average February 2009 terraced price in the Forest of Dean local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was B.

16 FAIRMOOR CLOSE Sold Prices

Land registry data shows two sales for 16 FAIRMOOR CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Forest of Dean local authority area for the corresponding sale date. Both of the two 16 FAIRMOOR CLOSE sales were 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
2009 20 FEB	£160,000	£118,275	35% above HPI
2005 18 MAR	£145,000	£120,441	20% above HPI

16 FAIRMOOR CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Forest of Dean local authority area over time, sourced from the HPI. The two 16 FAIRMOOR CLOSE sales from March 2005 and February 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 March 2005 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the February 2009 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.

What might 16 FAIRMOOR CLOSE be worth now?

16 FAIRMOOR CLOSE might now be worth an estimated £301,870.

This is based on house price inflation of 88.7%, between February 2009 and July 2025, for terraced houses, in the Forest of Dean local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 88.7% inflationary increase is applied to the most recent sale price for 16 FAIRMOOR CLOSE of £160,000 on 20th February 2009. For the value to have increased from £160,000 to £301,870 over the fifteen years and seven months to July 2025, the following assumptions must hold true:

• The value of 16 FAIRMOOR CLOSE has moved in line with the HPI for terraced houses in the Forest of Dean local authority area.
• The February 2009 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 16 FAIRMOOR CLOSE has not materially changed since February 2009.

How Large is 16 FAIRMOOR CLOSE?

16 FAIRMOOR CLOSE is 74m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 10% of terraced houses houses in Parkend, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Parkend, and where 16 FAIRMOOR CLOSE lies on this distribution: 7% of terraced houses houses are smaller than 16 FAIRMOOR CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Parkend.

16 FAIRMOOR CLOSE: Plot and Title Map

16 FAIRMOOR CLOSE sits on a plot of roughly 0.046 of an acre, or 188m². The below map shows the location of 16 FAIRMOOR 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 16 FAIRMOOR 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 16 FAIRMOOR CLOSE?

16 FAIRMOOR CLOSE is located in PARKEND, in the GL15 postcode district. The below map shows the position of No. 16 on FAIRMOOR CLOSE.