3, CROFT CLOSE, NEWENT, GL18 1RQ - £188,000

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 CROFT CLOSE is a very small detached house of 60m², built sometime between 1983 and 1990. It was last sold for £188,000 in September 2016, which was around 33% below the average September 2016 detached price in the Forest of Dean local authority area. The most recent EPC inspection was August 2009, where the current energy rating was C, and the potential energy rating was C.

3 CROFT CLOSE Sold Prices

Land registry data shows three sales for 3 CROFT CLOSE 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 3 CROFT CLOSE 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
2016 21 SEP	£188,000	£279,770	33% below HPI
2009 19 MAY	£126,000	£209,581	40% below HPI
1999 25 JUN	£79,950	£97,593	18% below HPI

3 CROFT CLOSE 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 3 CROFT CLOSE sales between June 1999 and September 2016 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 May 2009 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the September 2016 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 3 CROFT CLOSE?

3 CROFT CLOSE is 60m² according to the EPC inspection conducted in August 2009. 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 CROFT CLOSE lies on this distribution: 4% of detached houses are smaller than 3 CROFT CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Newent.

3 CROFT CLOSE: Plot and Title Map

3 CROFT CLOSE sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 3 CROFT CLOSE, 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 CROFT CLOSE). 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 CROFT CLOSE?

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