3, WHETSTONES, NEWNHAM, GL14 1BT - £535,000

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 WHETSTONES is a very large detached house of 211m², built sometime between 1996 and 2002, which could now be worth an estimated £665,196. It was last sold for £535,000 in July 2020, which was around 64% above the average July 2020 detached price in the Forest of Dean local authority area. The most recent EPC inspection was December 2019, where the current energy rating was C, and the potential energy rating was B.

3 WHETSTONES Sold Prices

Land registry data shows three sales for 3 WHETSTONES 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 WHETSTONES sales were 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
2020 17 JUL	£535,000	£325,759	64% above HPI
2006 15 JUN	£425,000	£229,421	85% above HPI
2001 14 FEB	£280,000	£118,032	137% above HPI

3 WHETSTONES 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 WHETSTONES sales between February 2001 and July 2020 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 June 2006 sale was for 85% above the HPI. So the extrapolation line tracks at 85% above the HPI over time, until the July 2020 sale, where it falls to 64% above the HPI. The line then continues to track at 64% above the HPI.

What might 3 WHETSTONES be worth now?

3 WHETSTONES might now be worth an estimated £665,196.

This is based on house price inflation of 24.3%, between July 2020 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 24.3% inflationary increase is applied to the most recent sale price for 3 WHETSTONES of £535,000 on 17th July 2020. For the value to have increased from £535,000 to £665,196 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of 3 WHETSTONES has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The July 2020 sale price of £535,000 represented a fair market value for the property.
• The size, condition, and specification of 3 WHETSTONES has not materially changed since July 2020.

How Large is 3 WHETSTONES?

3 WHETSTONES is 211m² according to the EPC inspection conducted in December 2019. This puts it in the largest 20% of detached houses houses in Newnham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newnham, and where 3 WHETSTONES lies on this distribution: 83% of detached houses houses are smaller than 3 WHETSTONES, and 17% of houses are larger. Note that EPC data is not available for all properties in Newnham.

3 WHETSTONES: Plot and Title Map

3 WHETSTONES sits on a plot of roughly 0.296 of an acre, or 1,196m². The below map shows the location of 3 WHETSTONES, 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 WHETSTONES). 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 WHETSTONES?

3 WHETSTONES is located in NEWNHAM, in the GL14 postcode district. The below map shows the position of No. 3 on WHETSTONES.