12, CRADDOCK ROAD, NEWENT, GL18 1RA - £200,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

12 CRADDOCK ROAD is a very small detached house of 60m², built sometime between 1967 and 1975. It was last sold for £200,000 in January 2014, which was around 14% below the average January 2014 detached price in the Forest of Dean local authority area. The most recent EPC inspection was June 2014, where the current energy rating was C, and the potential energy rating was B.

12 CRADDOCK ROAD Sold Prices

Land registry data shows three sales for 12 CRADDOCK ROAD 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 12 CRADDOCK ROAD 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 24 JAN	£200,000	£232,657	14% below HPI
2003 25 AUG	£160,000	£194,046	18% below HPI
1996 22 OCT	£71,500	£77,339	8% below HPI

12 CRADDOCK ROAD 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 12 CRADDOCK ROAD sales between October 1996 and January 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 August 2003 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the January 2014 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 12 CRADDOCK ROAD?

12 CRADDOCK ROAD is 60m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 10% of detached houses in Newent, based on EPC data. The below chart shows the distribution of detached houses by size in Newent, and where 12 CRADDOCK ROAD lies on this distribution: 4% of detached houses are smaller than 12 CRADDOCK ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Newent.

12 CRADDOCK ROAD: Plot and Title Map

12 CRADDOCK ROAD sits on a plot of roughly 0.112 of an acre, or 454m². The below map shows the location of 12 CRADDOCK ROAD, 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 12 CRADDOCK ROAD). 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 12 CRADDOCK ROAD?

12 CRADDOCK ROAD is located in NEWENT, in the GL18 postcode district. The below map shows the position of No. 12 on CRADDOCK ROAD.