5, MARJORAM CLOSE, ABBEYMEAD, GLOUCESTER, GL4 5WE - £430,000

5 MARJORAM CLOSE is a large detached house of 125m², built sometime between 1996 and 2002. It was last sold for £430,000 in July 2020, which was around 25% above the average July 2020 detached price in the Gloucester local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was D.

5 MARJORAM CLOSE Sold Prices

Land registry data shows four sales for 5 MARJORAM 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 5 MARJORAM 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
2020 31 JUL	£430,000	£343,658	25% above HPI
2003 2 MAY	£216,500	£199,645	8% above HPI
2002 23 MAY	£182,000	£157,152	16% above HPI
1996 24 NOV	£106,500	£77,687	37% above HPI

5 MARJORAM 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 5 MARJORAM CLOSE sales between November 1996 and July 2020 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 May 2003 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the July 2020 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 5 MARJORAM CLOSE?

5 MARJORAM CLOSE is 125m² according to the EPC inspection conducted in June 2011. This puts it in the largest 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 5 MARJORAM CLOSE lies on this distribution: 65% of detached houses are smaller than 5 MARJORAM CLOSE, and 35% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

5 MARJORAM CLOSE: Plot and Title Map

5 MARJORAM CLOSE sits on a plot of roughly 0.092 of an acre, or 371m². The below map shows the location of 5 MARJORAM 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 5 MARJORAM 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 5 MARJORAM CLOSE?

5 MARJORAM CLOSE is located in ABBEYMEAD, in the GL4 postcode district. The below map shows the position of No. 5 on MARJORAM CLOSE.