1, KESTREL CLOSE, NEWENT, GL18 1FH - £263,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 KESTREL CLOSE is a small detached house of 92m², built in 2023, which could now be worth an estimated £267,890. It was last sold for £263,000 in April 2024, which was around 30% below the average April 2024 detached price in the Forest of Dean local authority area. The most recent EPC inspection was April 2023, where the current energy rating was B, and the potential energy rating was A.

1 KESTREL CLOSE Sold Prices

Land registry data shows two sales for 1 KESTREL 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 1 KESTREL 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
2024 5 APR	£263,000	£375,052	30% below HPI
2023 28 APR	£310,000	£387,935	20% below HPI

1 KESTREL 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 1 KESTREL CLOSE sales from April 2023 and April 2024 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 April 2023 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the April 2024 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 1 KESTREL CLOSE be worth now?

1 KESTREL CLOSE might now be worth an estimated £267,890.

This is based on house price inflation of 1.9%, between April 2024 and December 2024, for detached houses, in the Forest of Dean local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.9% inflationary increase is applied to the most recent sale price for 1 KESTREL CLOSE of £263,000 on 5th April 2024. For the value to have increased from £263,000 to £267,890 over the four months to December 2024, the following assumptions must hold true:

• The value of 1 KESTREL CLOSE has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The April 2024 sale price of £263,000 represented a fair market value for the property.
• The size, condition, and specification of 1 KESTREL CLOSE has not materially changed since April 2024.

How Large is 1 KESTREL CLOSE?

1 KESTREL CLOSE is 92m² according to the EPC inspection conducted in April 2023. This puts it in the smallest 30% of detached houses houses in Newent, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newent, and where 1 KESTREL CLOSE lies on this distribution: 23% of detached houses houses are smaller than 1 KESTREL CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Newent.

1 KESTREL CLOSE: Plot and Title Map

1 KESTREL CLOSE sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 1 KESTREL 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 1 KESTREL 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 1 KESTREL CLOSE?

1 KESTREL CLOSE is located in NEWENT, in the GL18 postcode district. The below map shows the position of No. 1 on KESTREL CLOSE.