12, DROVERS WAY, NEWENT, GL18 1ET - £230,000

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

12 DROVERS WAY is a very small detached house of 79m², which could now be worth an estimated £261,929. It was last sold for £230,000 in November 2020, which was around 31% below the average November 2020 detached price in the Forest of Dean local authority area. The most recent EPC inspection was December 2013, where the current energy rating was B, and the potential energy rating was B.

12 DROVERS WAY Sold Prices

Land registry data shows three sales for 12 DROVERS 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 12 DROVERS 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
2020 19 NOV	£230,000	£335,456	31% below HPI
2017 20 SEP	£202,500	£282,260	28% below HPI
2014 4 APR	£179,995	£231,602	22% below HPI

12 DROVERS 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 12 DROVERS WAY sales between April 2014 and November 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 September 2017 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the November 2020 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 12 DROVERS WAY be worth now?

12 DROVERS WAY might now be worth an estimated £261,929.

This is based on house price inflation of 13.9%, between November 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 13.9% inflationary increase is applied to the most recent sale price for 12 DROVERS WAY of £230,000 on 19th November 2020. For the value to have increased from £230,000 to £261,929 over the three years and eleven months to December 2024, the following assumptions must hold true:

• The value of 12 DROVERS WAY has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The November 2020 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 12 DROVERS WAY has not materially changed since November 2020.

How Large is 12 DROVERS WAY?

12 DROVERS WAY is 79m² according to the EPC inspection conducted in December 2013. This puts it in the smallest 20% 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 12 DROVERS WAY lies on this distribution: 11% of detached houses houses are smaller than 12 DROVERS WAY, and 88% of houses are larger. Note that EPC data is not available for all properties in Newent.

12 DROVERS WAY: Plot and Title Map

12 DROVERS WAY sits on a plot of roughly 0.042 of an acre, or 171m². The below map shows the location of 12 DROVERS 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 12 DROVERS 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 12 DROVERS WAY?

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