THE CAIRNS, LOWER ROAD, SOUDLEY, CINDERFORD, GL14 2TZ - £139,000

THE CAIRNS is a very small detached house of 51m², built sometime between 1967 and 1975. It was last sold for £139,000 in May 2014, which was around 40% below the average May 2014 detached price in the Forest of Dean local authority area. The most recent EPC inspection was October 2013, where the current energy rating was E, and the potential energy rating was B.

THE CAIRNS Sold Prices

Land registry data shows two sales for THE CAIRNS 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 THE CAIRNS 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
2014 23 MAY	£139,000	£233,011	40% below HPI
2004 3 DEC	£145,000	£217,075	33% below HPI

THE CAIRNS 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 THE CAIRNS sales from December 2004 and May 2014 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 December 2004 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the May 2014 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is THE CAIRNS?

THE CAIRNS is 51m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 10% of detached houses in Upper Soudley, based on EPC data. The below chart shows the distribution of detached houses by size in Upper Soudley, and where THE CAIRNS lies on this distribution: 4% of detached houses are smaller than THE CAIRNS, and 96% of houses are larger. Note that EPC data is not available for all properties in Upper Soudley.

THE CAIRNS: Plot and Title Map

THE CAIRNS sits on a plot of roughly 0.097 of an acre, or 393m². The below map shows the location of THE CAIRNS, 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 CAIRNS). 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 CAIRNS?

THE CAIRNS is located on LOWER ROAD in SOUDLEY, in the GL14 postcode district. The below map shows the position of THE CAIRNS on LOWER ROAD.