15, TRAMWAY ROAD, CINDERFORD, GL14 3AT - £183,500

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.

15 TRAMWAY ROAD is a very small extended semi-detached house of 74m², built sometime before 1900, which could now be worth an estimated £235,929. It was last sold for £183,500 in October 2019, which was around 10% below the average October 2019 semi-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.

15 TRAMWAY ROAD Sold Prices

Land registry data shows five sales for 15 TRAMWAY ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Forest of Dean local authority area for the corresponding sale date. Most of the five 15 TRAMWAY ROAD sales were 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
2019 21 OCT	£183,500	£203,146	10% below HPI
2018 6 MAR	£170,000	£189,669	10% below HPI
2009 25 NOV	£160,000	£146,124	9% above HPI
2002 28 MAY	£92,000	£83,948	10% above HPI
1995 13 OCT	£59,500	£44,662	33% above HPI

15 TRAMWAY ROAD Price Paid vs. HPI Average

The below graph shows the average semi-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 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the October 2019 sale, which was also at 10% below the HPI.

What might 15 TRAMWAY ROAD be worth now?

15 TRAMWAY ROAD might now be worth an estimated £235,929.

This is based on house price inflation of 28.6%, between October 2019 and February 2025, for semi-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 28.6% inflationary increase is applied to the most recent sale price for 15 TRAMWAY ROAD of £183,500 on 21st October 2019. For the value to have increased from £183,500 to £235,929 over the six years and eight months to February 2025, the following assumptions must hold true:

• The value of 15 TRAMWAY ROAD has moved in line with the HPI for semi-detached houses in the Forest of Dean local authority area.
• The October 2019 sale price of £183,500 represented a fair market value for the property.
• The size, condition, and specification of 15 TRAMWAY ROAD has not materially changed since October 2019.

How Large is 15 TRAMWAY ROAD?

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 semi-detached houses houses in Ruspidge, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Ruspidge, and where 15 TRAMWAY ROAD lies on this distribution: 11% of semi-detached houses houses are smaller than 15 TRAMWAY ROAD, and 88% of houses are larger. Note that EPC data is not available for all properties in Ruspidge.

15 TRAMWAY ROAD: Plot and Title Map

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.

Where is 15 TRAMWAY ROAD?

15 TRAMWAY ROAD is located in CINDERFORD, in the GL14 postcode district. The below map shows the position of No. 15 on TRAMWAY ROAD.