4, PIPPIN CLOSE, NEWENT, GL18 1TW - £280,000

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 PIPPIN CLOSE is a very small detached house of 66m², built sometime between 1996 and 2002. It was last sold for £280,000 in February 2023, which was around 31% below the average February 2023 detached price in the Forest of Dean local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

4 PIPPIN CLOSE Sold Prices

Land registry data shows four sales for 4 PIPPIN CLOSE 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. All of the four 4 PIPPIN CLOSE 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
2023 20 FEB	£280,000	£408,591	31% below HPI
2009 10 JUL	£185,000	£212,167	13% below HPI
2000 11 FEB	£99,000	£100,827	2% below HPI
1997 18 APR	£71,500	£78,651	9% below HPI

4 PIPPIN CLOSE 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 4 PIPPIN CLOSE sales between April 1997 and February 2023 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 July 2009 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the February 2023 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 4 PIPPIN CLOSE?

4 PIPPIN CLOSE is 66m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 10% 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 PIPPIN CLOSE lies on this distribution: 5% of detached houses are smaller than 4 PIPPIN CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Newent.

4 PIPPIN CLOSE: Plot and Title Map

4 PIPPIN CLOSE sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of 4 PIPPIN CLOSE, 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 PIPPIN CLOSE). 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 PIPPIN CLOSE?

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