1, MARFELLS WAY, RUARDEAN WOODSIDE, RUARDEAN, GL17 9UP - £178,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

1 MARFELLS WAY is a very small detached house of 80m², built sometime between 1983 and 1990. It was last sold for £178,000 in November 2014, which was around 30% below the average November 2014 detached price in the Forest of Dean local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was D.

1 MARFELLS WAY Sold Prices

Land registry data shows three sales for 1 MARFELLS WAY 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. All of the three 1 MARFELLS WAY 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 28 NOV	£178,000	£253,882	30% below HPI
2002 20 MAY	£117,000	£137,883	15% below HPI
1997 7 MAR	£65,001	£76,370	15% below HPI

1 MARFELLS WAY 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 1 MARFELLS WAY sales between March 1997 and November 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 May 2002 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the November 2014 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 1 MARFELLS WAY?

1 MARFELLS WAY is 80m² according to the EPC inspection conducted in July 2011. This puts it in the smallest 10% of detached houses in Ruardean Woodside, based on EPC data. The below chart shows the distribution of detached houses by size in Ruardean Woodside, and where 1 MARFELLS WAY lies on this distribution: 9% of detached houses are smaller than 1 MARFELLS WAY, and 91% of houses are larger. Note that EPC data is not available for all properties in Ruardean Woodside.

1 MARFELLS WAY: Plot and Title Map

1 MARFELLS WAY sits on a plot of roughly 0.096 of an acre, or 387m². The below map shows the location of 1 MARFELLS WAY, 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 MARFELLS WAY). 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 MARFELLS WAY?

1 MARFELLS WAY is located in RUARDEAN WOODSIDE, in the GL17 postcode district. The below map shows the position of No. 1 on MARFELLS WAY.