16, PROSPECT CLOSE, COLEFORD, GL16 8DB - £140,000

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 PROSPECT CLOSE is a very small semi-detached house of 58m², built sometime between 1976 and 1982, which could now be worth an estimated £232,923. It was last sold for £140,000 in July 2015, which was around 9% below the average July 2015 semi-detached price in the Forest of Dean local authority area. The most recent EPC inspection was April 2025, where the current energy rating was C, and the potential energy rating was B.

16 PROSPECT CLOSE Sold Prices

Land registry data shows four sales for 16 PROSPECT CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Forest of Dean local authority area for the corresponding sale date. Most of the four 16 PROSPECT 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
2015 23 JUL	£140,000	£154,592	9% below HPI
2013 30 AUG	£106,000	£148,932	29% below HPI
2007 14 NOV	£156,500	£164,882	5% below HPI
1999 21 JAN	£56,000	£55,550	1% above HPI

16 PROSPECT CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Forest of Dean local authority area over time, sourced from the HPI. The four 16 PROSPECT CLOSE sales between January 1999 and July 2015 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 2013 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the July 2015 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 16 PROSPECT CLOSE be worth now?

16 PROSPECT CLOSE might now be worth an estimated £232,923.

This is based on house price inflation of 66.4%, between July 2015 and May 2026, for semi-detached 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 66.4% inflationary increase is applied to the most recent sale price for 16 PROSPECT CLOSE of £140,000 on 23rd July 2015. For the value to have increased from £140,000 to £232,923 over the eleven years and two months to May 2026, the following assumptions must hold true:

• The value of 16 PROSPECT CLOSE has moved in line with the HPI for semi-detached houses in the Forest of Dean local authority area.
• The July 2015 sale price of £140,000 represented a fair market value for the property.
• The size, condition, and specification of 16 PROSPECT CLOSE has not materially changed since July 2015.

How Large is 16 PROSPECT CLOSE?

16 PROSPECT CLOSE is 58m² according to the EPC inspection conducted in April 2025. This puts it in the smallest 10% of semi-detached houses houses in Coleford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Coleford, and where 16 PROSPECT CLOSE lies on this distribution: 6% of semi-detached houses houses are smaller than 16 PROSPECT CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Coleford.

16 PROSPECT CLOSE: Plot and Title Map

16 PROSPECT CLOSE sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 16 PROSPECT 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 PROSPECT 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 PROSPECT CLOSE?

16 PROSPECT CLOSE is located in COLEFORD, in the GL16 postcode district. The below map shows the position of No. 16 on PROSPECT CLOSE.