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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 MARFELLS WAY is a very small detached house of 80m², built sometime between 1983 and 1990, which could now be worth an estimated £285,620. It was last sold for £178,000 in November 2014, which was around 29% 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	£252,420	29% below HPI
2002 20 MAY	£117,000	£137,089	15% below HPI
1997 7 MAR	£65,001	£75,930	14% 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 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 1 MARFELLS WAY be worth now?

1 MARFELLS WAY might now be worth an estimated £285,620.

This is based on house price inflation of 60.5%, between November 2014 and February 2025, 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 60.5% inflationary increase is applied to the most recent sale price for 1 MARFELLS WAY of £178,000 on 28th November 2014. For the value to have increased from £178,000 to £285,620 over the eleven years and nine months to February 2025, the following assumptions must hold true:

• The value of 1 MARFELLS WAY has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The November 2014 sale price of £178,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MARFELLS WAY has not materially changed since November 2014.

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 houses in Ruardean Woodside, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ruardean Woodside, and where 1 MARFELLS WAY lies on this distribution: 10% of detached houses houses are smaller than 1 MARFELLS WAY, and 90% 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.