3, THE CRESCENT, MITCHELDEAN, GL17 0SB - £195,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 THE CRESCENT is a midsized extended detached house of 100m², built sometime between 1967 and 1975, which could now be worth an estimated £285,875. It was last sold for £195,500 in April 2017, which was around 29% below the average April 2017 detached price in the Forest of Dean local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was B.

3 THE CRESCENT Sold Prices

Land registry data shows three sales for 3 THE CRESCENT 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 THE CRESCENT 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
2017 7 APR	£195,500	£276,989	29% below HPI
2012 28 NOV	£168,000	£223,335	25% below HPI
1998 29 MAY	£58,200	£86,752	33% below HPI

3 THE CRESCENT 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 THE CRESCENT sales between May 1998 and April 2017 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 2012 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the April 2017 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 3 THE CRESCENT be worth now?

3 THE CRESCENT might now be worth an estimated £285,875.

This is based on house price inflation of 46.2%, between April 2017 and February 2025, 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 46.2% inflationary increase is applied to the most recent sale price for 3 THE CRESCENT of £195,500 on 7th April 2017. For the value to have increased from £195,500 to £285,875 over the eight years and two months to February 2025, the following assumptions must hold true:

• The value of 3 THE CRESCENT has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The April 2017 sale price of £195,500 represented a fair market value for the property.
• The size, condition, and specification of 3 THE CRESCENT has not materially changed since April 2017.

How Large is 3 THE CRESCENT?

3 THE CRESCENT is 100m², which includes two extensions, according to the EPC inspection conducted in September 2012. This puts it in the largest 50% of detached houses houses in Mitcheldean, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mitcheldean, and where 3 THE CRESCENT lies on this distribution: 52% of detached houses houses are smaller than 3 THE CRESCENT, and 44% of houses are larger. Note that EPC data is not available for all properties in Mitcheldean.

3 THE CRESCENT: Plot and Title Map

3 THE CRESCENT sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 3 THE CRESCENT, 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 THE CRESCENT). 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 THE CRESCENT?

3 THE CRESCENT is located in MITCHELDEAN, in the GL17 postcode district. The below map shows the position of No. 3 on THE CRESCENT.