38, SOMERSET ROAD, CINDERFORD, GL14 2HB - £218,000

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

38 SOMERSET ROAD is a midsized detached house of 99m², built sometime before 1900. It was last sold for £218,000 in July 2020, which was around 33% below the average July 2020 detached price in the Forest of Dean local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was B.

38 SOMERSET ROAD Sold Prices

Land registry data shows three sales for 38 SOMERSET ROAD 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 38 SOMERSET 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
2020 10 JUL	£218,000	£327,647	33% below HPI
2006 5 JUN	£195,000	£230,751	15% below HPI
2000 15 SEP	£92,499	£120,223	23% below HPI

38 SOMERSET 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 three 38 SOMERSET ROAD sales between September 2000 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 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the July 2020 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 38 SOMERSET ROAD?

38 SOMERSET ROAD is 99m² according to the EPC inspection conducted in February 2019. This puts it in the largest 50% of detached houses in Cinderford, based on EPC data. The below chart shows the distribution of detached houses by size in Cinderford, and where 38 SOMERSET ROAD lies on this distribution: 51% of detached houses are smaller than 38 SOMERSET ROAD, and 48% of houses are larger. Note that EPC data is not available for all properties in Cinderford.

38 SOMERSET ROAD: Plot and Title Map

38 SOMERSET ROAD sits on a plot of roughly 0.127 of an acre, or 513m². The below map shows the location of 38 SOMERSET 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 38 SOMERSET 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 38 SOMERSET ROAD?

38 SOMERSET ROAD is located in CINDERFORD, in the GL14 postcode district. The below map shows the position of No. 38 on SOMERSET ROAD.