1, PIPPIN CLOSE, NEWENT, GL18 1TW - £224,500

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 PIPPIN CLOSE is a midsized extended detached house of 120m², built sometime between 1991 and 1995, which could now be worth an estimated £262,809. It was last sold for £224,500 in August 2020, which was around 31% below the average August 2020 detached price in the Forest of Dean local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was C.

1 PIPPIN CLOSE Sold Prices

Land registry data shows two sales for 1 PIPPIN 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. One of the two 1 PIPPIN CLOSE sales was for below the average price, whilst the other was for above 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
2020 28 AUG	£224,500	£326,338	31% below HPI
2002 10 JUL	£155,000	£145,440	7% above HPI

1 PIPPIN 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 PIPPIN CLOSE sales from July 2002 and August 2020 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 July 2002 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the August 2020 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 1 PIPPIN CLOSE be worth now?

1 PIPPIN CLOSE might now be worth an estimated £262,809.

This is based on house price inflation of 17.1%, between August 2020 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 17.1% inflationary increase is applied to the most recent sale price for 1 PIPPIN CLOSE of £224,500 on 28th August 2020. For the value to have increased from £224,500 to £262,809 over the three years and eight months to December 2024, the following assumptions must hold true:

• The value of 1 PIPPIN CLOSE has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The August 2020 sale price of £224,500 represented a fair market value for the property.
• The size, condition, and specification of 1 PIPPIN CLOSE has not materially changed since August 2020.

How Large is 1 PIPPIN CLOSE?

1 PIPPIN CLOSE is 120m², which includes two extensions, according to the EPC inspection conducted in April 2012. This puts it in the largest 50% 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 PIPPIN CLOSE lies on this distribution: 51% of detached houses houses are smaller than 1 PIPPIN CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Newent.

1 PIPPIN CLOSE: Plot and Title Map

1 PIPPIN CLOSE sits on a plot of roughly 0.050 of an acre, or 202m². The below map shows the location of 1 PIPPIN 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 PIPPIN 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 PIPPIN CLOSE?

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