23, ORCHARD RISE, NEWNHAM, GL14 1AL - £155,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

23 ORCHARD RISE is a very small detached house of 68m², built sometime between 1991 and 1995. It was last sold for £155,000 in September 2013, which was around 33% below the average September 2013 detached price in the Forest of Dean local authority area. The most recent EPC inspection was August 2013, where the current energy rating was F, and the potential energy rating was B.

23 ORCHARD RISE Sold Prices

Land registry data shows two sales for 23 ORCHARD RISE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Forest of Dean local authority area for the corresponding sale date. Both of the two 23 ORCHARD 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
2013 27 SEP	£155,000	£232,071	33% below HPI
2004 19 NOV	£147,000	£225,857	35% below HPI

23 ORCHARD 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 two 23 ORCHARD RISE sales from November 2004 and September 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 November 2004 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the September 2013 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 23 ORCHARD RISE?

23 ORCHARD RISE is 68m² according to the EPC inspection conducted in August 2013. This puts it in the smallest 10% of detached houses in Newnham, based on EPC data. The below chart shows the distribution of detached houses by size in Newnham, and where 23 ORCHARD RISE lies on this distribution: 2% of detached houses are smaller than 23 ORCHARD RISE, and 98% of houses are larger. Note that EPC data is not available for all properties in Newnham.

23 ORCHARD RISE: Plot and Title Map

23 ORCHARD RISE sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 23 ORCHARD 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 23 ORCHARD 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 23 ORCHARD RISE?

23 ORCHARD RISE is located in NEWNHAM, in the GL14 postcode district. The below map shows the position of No. 23 on ORCHARD RISE.