2, CROFT CLOSE, NEWENT, GL18 1RQ - £165,000

2 CROFT CLOSE is a very small extended detached house of 67m², built sometime between 1983 and 1990. It was last sold for £165,000 in January 2012, which was around 30% below the average January 2012 detached price in the Forest of Dean local authority area. The most recent EPC inspection was December 2011, where the current energy rating was D, and the potential energy rating was C.

2 CROFT CLOSE Sold Prices

Land registry data shows two sales for 2 CROFT CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Forest of Dean local authority area for the corresponding sale date. Both of the two 2 CROFT 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
2012 27 JAN	£165,000	£234,995	30% below HPI
2003 16 NOV	£142,000	£191,563	26% below HPI

2 CROFT CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Forest of Dean local authority area over time, sourced from the HPI. The two 2 CROFT CLOSE sales from November 2003 and January 2012 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 November 2003 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the January 2012 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 2 CROFT CLOSE?

2 CROFT CLOSE is 67m², which includes one extension, according to the EPC inspection conducted in December 2011. This puts it in the smallest 10% of detached houses in Newent, based on EPC data. The below chart shows the distribution of detached houses by size in Newent, and where 2 CROFT CLOSE lies on this distribution: 6% of detached houses are smaller than 2 CROFT CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Newent.

2 CROFT CLOSE: Plot and Title Map

2 CROFT CLOSE sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 2 CROFT 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 2 CROFT 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 2 CROFT CLOSE?

2 CROFT CLOSE is located in NEWENT, in the GL18 postcode district. The below map shows the position of No. 2 on CROFT CLOSE.