THE BUNGALOW, HOLTS ROAD, NEWENT, GL18 1BT - £248,000

THE BUNGALOW is a very small extended detached house of 89m², built sometime between 1967 and 1975. It was last sold for £248,000 in June 2010, which was around 7% above the average June 2010 detached price in the Forest of Dean local authority area. The most recent EPC inspection was December 2009, where the current energy rating was D, and the potential energy rating was C.

THE BUNGALOW Sold Prices

Land registry data shows three sales for THE BUNGALOW since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Forest of Dean local authority area for the corresponding sale date. One of the three THE BUNGALOW sales was for above the average price, whilst two 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
2010 30 JUN	£248,000	£231,635	7% above HPI
2007 19 SEP	£205,000	£255,603	20% below HPI
2003 7 AUG	£100,000	£194,046	48% below HPI

THE BUNGALOW 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 three THE BUNGALOW sales between August 2003 and June 2010 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 September 2007 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the June 2010 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is THE BUNGALOW?

THE BUNGALOW is 89m², which includes one extension, according to the EPC inspection conducted in December 2009. This puts it in the smallest 20% of detached houses in Newent, based on EPC data. The below chart shows the distribution of detached houses by size in Newent, and where THE BUNGALOW lies on this distribution: 18% of detached houses are smaller than THE BUNGALOW, and 80% of houses are larger. Note that EPC data is not available for all properties in Newent.

THE BUNGALOW: Plot and Title Map

THE BUNGALOW sits on a plot of roughly 0.109 of an acre, or 439m². The below map shows the location of THE BUNGALOW, 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 THE BUNGALOW). 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 THE BUNGALOW?

THE BUNGALOW is located on HOLTS ROAD in NEWENT, in the GL18 postcode district. The below map shows the position of THE BUNGALOW on HOLTS ROAD.