34, DROVERS WAY, NEWENT, GL18 1ET - £265,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

34 DROVERS WAY is a large detached house of 126m², built sometime from 2012 onwards, which could now be worth an estimated £390,723. It was last sold for £265,000 in April 2016, which was around 2% above the average April 2016 detached price in the Forest of Dean local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was B.

34 DROVERS WAY Sold Prices

Land registry data shows two sales for 34 DROVERS WAY 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 34 DROVERS WAY 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
2016 12 APR	£265,000	£259,101	2% above HPI
2015 20 FEB	£252,000	£245,575	3% above HPI

34 DROVERS WAY 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 34 DROVERS WAY sales from February 2015 and April 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 February 2015 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the April 2016 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 34 DROVERS WAY be worth now?

34 DROVERS WAY might now be worth an estimated £390,723.

This is based on house price inflation of 47.4%, between April 2016 and December 2024, 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 47.4% inflationary increase is applied to the most recent sale price for 34 DROVERS WAY of £265,000 on 12th April 2016. For the value to have increased from £265,000 to £390,723 over the seven years and four months to December 2024, the following assumptions must hold true:

• The value of 34 DROVERS WAY has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The April 2016 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 34 DROVERS WAY has not materially changed since April 2016.

How Large is 34 DROVERS WAY?

34 DROVERS WAY is 126m² according to the EPC inspection conducted in May 2024. This puts it in the largest 40% of detached houses houses in Newent, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newent, and where 34 DROVERS WAY lies on this distribution: 61% of detached houses houses are smaller than 34 DROVERS WAY, and 38% of houses are larger. Note that EPC data is not available for all properties in Newent.

34 DROVERS WAY: Plot and Title Map

34 DROVERS WAY sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 34 DROVERS WAY, 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 34 DROVERS WAY). 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 34 DROVERS WAY?

34 DROVERS WAY is located in NEWENT, in the GL18 postcode district. The below map shows the position of No. 34 on DROVERS WAY.