4, OFFICE ROAD, CINDERFORD, GL14 2HZ - £250,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 OFFICE ROAD is a very small extended detached house of 60m², built sometime between 1950 and 1966, which could now be worth an estimated £256,019. It was last sold for £250,000 in September 2022, which was around 37% below the average September 2022 detached price in the Forest of Dean local authority area. The most recent EPC inspection was November 2021, where the current energy rating was E, and the potential energy rating was B.

4 OFFICE ROAD Sold Prices

Land registry data shows three sales for 4 OFFICE 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 4 OFFICE 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 30 SEP	£250,000	£395,513	37% below HPI
2000 3 MAR	£55,000	£100,785	45% below HPI
1997 25 FEB	£44,950	£79,432	43% below HPI

4 OFFICE 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 4 OFFICE ROAD sales between February 1997 and September 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 March 2000 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the September 2022 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 4 OFFICE ROAD be worth now?

4 OFFICE ROAD might now be worth an estimated £256,019.

This is based on house price inflation of 2.4%, between September 2022 and February 2025, 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 2.4% inflationary increase is applied to the most recent sale price for 4 OFFICE ROAD of £250,000 on 30th September 2022. For the value to have increased from £250,000 to £256,019 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of 4 OFFICE ROAD has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The September 2022 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 4 OFFICE ROAD has not materially changed since September 2022.

How Large is 4 OFFICE ROAD?

4 OFFICE ROAD is 60m², which includes one extension, according to the EPC inspection conducted in November 2021. This puts it in the smallest 10% of detached houses houses in Cinderford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cinderford, and where 4 OFFICE ROAD lies on this distribution: 4% of detached houses houses are smaller than 4 OFFICE ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Cinderford.

4 OFFICE ROAD: Plot and Title Map

4 OFFICE ROAD sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of 4 OFFICE 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 4 OFFICE 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 4 OFFICE ROAD?

4 OFFICE ROAD is located in CINDERFORD, in the GL14 postcode district. The below map shows the position of No. 4 on OFFICE ROAD.