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
15 TRAMWAY ROAD is a very small extended semi-detached house of 74m², built sometime before 1900. It was last sold for £183,500 in October 2019, which was around 42% below the average October 2019 detached price in the Forest of Dean local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 15 TRAMWAY ROAD since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Forest of Dean local authority area for the corresponding sale date. All of the five 15 TRAMWAY 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 |
---|---|---|---|
2019 21 OCT | £183,500 | £318,398 | 42% below HPI |
2018 6 MAR | £170,000 | £297,890 | 43% below HPI |
2009 25 NOV | £160,000 | £225,714 | 29% below HPI |
2002 28 MAY | £92,000 | £137,883 | 33% below HPI |
1995 13 OCT | £59,500 | £72,315 | 18% below HPI |
The below graph shows the average detached house price in the Forest of Dean local authority area over time, sourced from the HPI. The five 15 TRAMWAY ROAD sales between October 1995 and October 2019 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 March 2018 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the October 2019 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.
15 TRAMWAY ROAD is 74m², which includes two extensions, according to the EPC inspection conducted in March 2019. This puts it in the smallest 20% of detached houses in Ruspidge, based on EPC data. The below chart shows the distribution of detached houses by size in Ruspidge, and where 15 TRAMWAY ROAD lies on this distribution: 10% of detached houses are smaller than 15 TRAMWAY ROAD, and 89% of houses are larger. Note that EPC data is not available for all properties in Ruspidge.
15 TRAMWAY ROAD sits on a plot of roughly 0.050 of an acre, or 201m². The below map shows the location of 15 TRAMWAY 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 15 TRAMWAY 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.
15 TRAMWAY ROAD is located in CINDERFORD, in the GL14 postcode district. The below map shows the position of No. 15 on TRAMWAY ROAD.