5, THE FORGE, HEMPSTED, GLOUCESTER, GL2 5GH - £161,000

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.

5 THE FORGE is a midsized terraced house of 74m², built sometime between 2007 and 2011, which could now be worth an estimated £273,170. It was last sold for £161,000 in May 2008, which was around 30% above the average May 2008 terraced price in the Gloucester local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was B.

5 THE FORGE Sold Prices

Land registry data shows one sale for 5 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
2008 30 MAY	£161,000	£123,461	30% above HPI

What might 5 THE FORGE be worth now?

5 THE FORGE might now be worth an estimated £273,170.

This is based on house price inflation of 69.7%, between May 2008 and April 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 69.7% inflationary increase is applied to the most recent sale price for 5 THE FORGE of £161,000 on 30th May 2008. For the value to have increased from £161,000 to £273,170 over the eighteen years and one month to April 2026, the following assumptions must hold true:

• The value of 5 THE FORGE has moved in line with the HPI for terraced houses in the Gloucester local authority area.
• The May 2008 sale price of £161,000 represented a fair market value for the property.
• The size, condition, and specification of 5 THE FORGE has not materially changed since May 2008.

How Large is 5 THE FORGE?

5 THE FORGE is 74m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 50% of terraced houses in Gloucester, based on EPC data. The below chart shows the distribution of terraced houses by size in Gloucester, and where 5 THE FORGE lies on this distribution: 40% of terraced houses are smaller than 5 THE FORGE, and 58% of terraced houses are larger. Note that EPC data is not available for all properties in Gloucester.

5 THE FORGE: Plot

5 THE FORGE sits on a plot of roughly 0.029 of an acre, or 116m².

Where is 5 THE FORGE?

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