45, THE FORGE, HEMPSTED, GLOUCESTER, GL2 5GH - £199,000

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.

45 THE FORGE is a small terraced house of 72m², built sometime between 2007 and 2011, which could now be worth an estimated £325,046. It was last sold for £199,000 in June 2007, which was around 53% above the average June 2007 terraced price in the Gloucester local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.

45 THE FORGE Sold Prices

Land registry data shows one sale for 45 THE FORGE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the Gloucester local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2007 29 JUN	£199,000	£129,642	53% above HPI

What might 45 THE FORGE be worth now?

45 THE FORGE might now be worth an estimated £325,046.

This is based on house price inflation of 63.3%, between June 2007 and May 2026, for terraced houses, in the Gloucester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 63.3% inflationary increase is applied to the most recent sale price for 45 THE FORGE of £199,000 on 29th June 2007. For the value to have increased from £199,000 to £325,046 over the nineteen years and one month to May 2026, the following assumptions must hold true:

• The value of 45 THE FORGE has moved in line with the HPI for terraced houses in the Gloucester local authority area.
• The June 2007 sale price of £199,000 represented a fair market value for the property.
• The size, condition, and specification of 45 THE FORGE has not materially changed since June 2007.

How Large is 45 THE FORGE?

45 THE FORGE is 72m² according to the EPC inspection conducted in November 2022. This puts it in the smallest 40% of terraced houses in Gloucester, based on EPC data. The below chart shows the distribution of terraced houses by size in Gloucester, and where 45 THE FORGE lies on this distribution: 36% of terraced houses are smaller than 45 THE FORGE, and 62% of terraced houses are larger. Note that EPC data is not available for all properties in Gloucester.

45 THE FORGE: Plot

45 THE FORGE sits on a plot of roughly 0.050 of an acre, or 203m².

Where is 45 THE FORGE?

45 THE FORGE is located in HEMPSTED, in the GL2 postcode district.