37, PARKS ROAD, MITCHELDEAN, GL17 0DQ - £185,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

37 PARKS ROAD is a small extended detached house of 75m², built sometime between 1930 and 1949. It was last sold for £185,000 in October 2022, which was around 54% below the average October 2022 detached price in the Forest of Dean local authority area. The most recent EPC inspection was May 2016, where the current energy rating was C, and the potential energy rating was B.

37 PARKS ROAD Sold Prices

Land registry data shows two sales for 37 PARKS 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. Both of the two 37 PARKS ROAD 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
2022 28 OCT	£185,000	£399,229	54% below HPI
2016 14 OCT	£122,000	£278,707	56% below HPI

37 PARKS 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 37 PARKS ROAD sales from October 2016 and October 2022 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 October 2016 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the October 2022 sale, where it rises to 54% below the HPI. The line then continues to track at 54% below the HPI.

How Large is 37 PARKS ROAD?

37 PARKS ROAD is 75m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the smallest 30% of detached houses in Mitcheldean, based on EPC data. The below chart shows the distribution of detached houses by size in Mitcheldean, and where 37 PARKS ROAD lies on this distribution: 22% of detached houses are smaller than 37 PARKS ROAD, and 76% of houses are larger. Note that EPC data is not available for all properties in Mitcheldean.

37 PARKS ROAD: Plot and Title Map

37 PARKS ROAD sits on a plot of roughly 0.049 of an acre, or 198m². The below map shows the location of 37 PARKS 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 37 PARKS 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 37 PARKS ROAD?

37 PARKS ROAD is located in MITCHELDEAN, in the GL17 postcode district. The below map shows the position of No. 37 on PARKS ROAD.