2, CRADDOCK ROAD, NEWENT, GL18 1RA - £230,000

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

2 CRADDOCK ROAD is a very small extended detached house of 85m², built sometime between 1967 and 1975. It was last sold for £230,000 in April 2013, which was around 3% above the average April 2013 detached price in the Forest of Dean local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was B.

2 CRADDOCK ROAD Sold Prices

Land registry data shows three sales for 2 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. Two of the three 2 CRADDOCK ROAD sales were for above the average price, whilst one was 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
2013 5 APR	£230,000	£222,482	3% above HPI
2006 12 DEC	£240,100	£255,254	6% below HPI
1996 22 NOV	£87,000	£76,708	13% above HPI

2 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 2 CRADDOCK ROAD sales between November 1996 and April 2013 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 December 2006 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the April 2013 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 2 CRADDOCK ROAD?

2 CRADDOCK ROAD is 85m², which includes one extension, according to the EPC inspection conducted in October 2012. This puts it in the smallest 20% of detached houses in Newent, based on EPC data. The below chart shows the distribution of detached houses by size in Newent, and where 2 CRADDOCK ROAD lies on this distribution: 15% of detached houses are smaller than 2 CRADDOCK ROAD, and 85% of houses are larger. Note that EPC data is not available for all properties in Newent.

2 CRADDOCK ROAD: Plot and Title Map

2 CRADDOCK ROAD sits on a plot of roughly 0.100 of an acre, or 405m². The below map shows the location of 2 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 2 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 2 CRADDOCK ROAD?

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