2, CLEEVE RISE, NEWENT, GL18 1BZ - £320,000

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

2 CLEEVE RISE is a small extended detached house of 102m², built sometime between 1967 and 1975, which could now be worth an estimated £302,348. It was last sold for £320,000 in September 2024, which was around 21% below the average September 2024 detached price in the Forest of Dean local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was C.

2 CLEEVE RISE Sold Prices

Land registry data shows three sales for 2 CLEEVE RISE 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 2 CLEEVE RISE 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
2024 9 SEP	£320,000	£404,329	21% below HPI
2018 29 OCT	£250,000	£321,883	22% below HPI
2012 26 OCT	£177,000	£220,066	20% below HPI

2 CLEEVE RISE 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 2 CLEEVE RISE sales between October 2012 and September 2024 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 October 2018 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the September 2024 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 2 CLEEVE RISE be worth now?

2 CLEEVE RISE might now be worth an estimated £302,348.

This is based on house price deflation of 5.5%, between September 2024 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 5.5% deflationary decrease is applied to the most recent sale price for 2 CLEEVE RISE of £320,000 on 9th September 2024. For the value to have decreased from £320,000 to £302,348 over the nine months to December 2024, the following assumptions must hold true:

• The value of 2 CLEEVE RISE has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The September 2024 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CLEEVE RISE has not materially changed since September 2024.

How Large is 2 CLEEVE RISE?

2 CLEEVE RISE is 102m², which includes two extensions, according to the EPC inspection conducted in October 2020. This puts it in the smallest 40% 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 2 CLEEVE RISE lies on this distribution: 36% of detached houses houses are smaller than 2 CLEEVE RISE, and 62% of houses are larger. Note that EPC data is not available for all properties in Newent.

2 CLEEVE RISE: Plot and Title Map

2 CLEEVE RISE sits on a plot of roughly 0.053 of an acre, or 213m². The below map shows the location of 2 CLEEVE RISE, 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 2 CLEEVE RISE). 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 2 CLEEVE RISE?

2 CLEEVE RISE is located in NEWENT, in the GL18 postcode district. The below map shows the position of No. 2 on CLEEVE RISE.