4, CHERRY BANK, NEWENT, GL18 1JZ - £525,000

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

4 CHERRY BANK is a midsized detached house of 118m², built sometime between 1967 and 1975. It was last sold for £525,000 in August 2024, which was around 30% above the average August 2024 detached price in the Forest of Dean local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was C.

4 CHERRY BANK Sold Prices

Land registry data shows three sales for 4 CHERRY BANK 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 4 CHERRY BANK 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
2024 16 AUG	£525,000	£405,111	30% above HPI
2016 22 AUG	£375,000	£274,658	37% above HPI
2003 12 JUN	£250,000	£178,576	40% above HPI

4 CHERRY BANK 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 4 CHERRY BANK sales between June 2003 and August 2024 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 August 2016 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the August 2024 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is 4 CHERRY BANK?

4 CHERRY BANK is 118m² according to the EPC inspection conducted in May 2016. This puts it in the largest 50% of detached houses in Newent, based on EPC data. The below chart shows the distribution of detached houses by size in Newent, and where 4 CHERRY BANK lies on this distribution: 48% of detached houses are smaller than 4 CHERRY BANK, and 50% of houses are larger. Note that EPC data is not available for all properties in Newent.

4 CHERRY BANK: Plot and Title Map

4 CHERRY BANK sits on a plot of roughly 0.213 of an acre, or 860m². The below map shows the location of 4 CHERRY BANK, 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 4 CHERRY BANK). 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 4 CHERRY BANK?

4 CHERRY BANK is located in NEWENT, in the GL18 postcode district. The below map shows the position of No. 4 on CHERRY BANK.