39, LAKESIDE, NEWENT, GL18 1SZ - £315,000

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

39 LAKESIDE is a very small detached house of 67m², built sometime between 1976 and 1982, which could now be worth an estimated £320,445. It was last sold for £315,000 in June 2022, which was around 16% below the average June 2022 detached price in the Forest of Dean local authority area. The most recent EPC inspection was April 2019, where the current energy rating was C, and the potential energy rating was B.

39 LAKESIDE Sold Prices

Land registry data shows four sales for 39 LAKESIDE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Forest of Dean local authority area for the corresponding sale date. Most of the four 39 LAKESIDE 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 17 JUN	£315,000	£375,534	16% below HPI
2020 22 MAY	£295,000	£308,952	5% below HPI
2015 13 AUG	£245,000	£241,961	1% above HPI
2005 2 DEC	£215,000	£224,933	4% below HPI

39 LAKESIDE 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 four 39 LAKESIDE sales between December 2005 and June 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 May 2020 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the June 2022 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 39 LAKESIDE be worth now?

39 LAKESIDE might now be worth an estimated £320,445.

This is based on house price inflation of 1.7%, between June 2022 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 1.7% inflationary increase is applied to the most recent sale price for 39 LAKESIDE of £315,000 on 17th June 2022. For the value to have increased from £315,000 to £320,445 over the one year and six months to December 2024, the following assumptions must hold true:

• The value of 39 LAKESIDE has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The June 2022 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 39 LAKESIDE has not materially changed since June 2022.

How Large is 39 LAKESIDE?

39 LAKESIDE is 67m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 10% 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 39 LAKESIDE lies on this distribution: 6% of detached houses houses are smaller than 39 LAKESIDE, and 94% of houses are larger. Note that EPC data is not available for all properties in Newent.

39 LAKESIDE: Plot and Title Map

39 LAKESIDE sits on a plot of roughly 0.115 of an acre, or 464m². The below map shows the location of 39 LAKESIDE, 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 39 LAKESIDE). 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 39 LAKESIDE?

39 LAKESIDE is located in NEWENT, in the GL18 postcode district. The below map shows the position of No. 39 on LAKESIDE.