3, CRADDOCK ROAD, NEWENT, GL18 1RA - £205,000

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

3 CRADDOCK ROAD is a very small detached house of 72m², built sometime between 1967 and 1975. It was last sold for £205,000 in July 2015, which was around 15% below the average July 2015 detached price in the Forest of Dean local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

3 CRADDOCK ROAD Sold Prices

Land registry data shows two sales for 3 CRADDOCK ROAD 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. One of the two 3 CRADDOCK ROAD sales was for below the average price, whilst the other was 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
2015 31 JUL	£205,000	£241,206	15% below HPI
2002 15 FEB	£145,000	£129,404	12% above HPI

3 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 two 3 CRADDOCK ROAD sales from February 2002 and July 2015 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 February 2002 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the July 2015 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 3 CRADDOCK ROAD?

3 CRADDOCK ROAD is 72m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 10% of detached houses in Newent, based on EPC data. The below chart shows the distribution of detached houses by size in Newent, and where 3 CRADDOCK ROAD lies on this distribution: 9% of detached houses are smaller than 3 CRADDOCK ROAD, and 91% of houses are larger. Note that EPC data is not available for all properties in Newent.

3 CRADDOCK ROAD: Plot and Title Map

3 CRADDOCK ROAD sits on a plot of roughly 0.087 of an acre, or 353m². The below map shows the location of 3 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 3 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 3 CRADDOCK ROAD?

3 CRADDOCK ROAD is located in NEWENT, in the GL18 postcode district. The below map shows the position of No. 3 on CRADDOCK ROAD.