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 REEVERS ROAD is a very large extended detached house of 155m², built sometime between 1996 and 2002. It was last sold for £314,950 in February 2019, which was around 2% below the average February 2019 detached price in the Forest of Dean local authority area. The most recent EPC inspection was July 2017, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 4 REEVERS ROAD since 1st 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. two of the four 4 REEVERS ROAD sales were for below the average price, and four 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 |
---|---|---|---|
2019 7 FEB | £314,950 | £320,731 | 2% below HPI |
2013 30 AUG | £220,000 | £231,703 | 5% below HPI |
2007 19 OCT | £257,000 | £254,635 | 1% above HPI |
1996 3 SEP | £95,000 | £75,967 | 25% above HPI |
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 REEVERS ROAD sales between September 1996 and February 2019 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 2013 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the February 2019 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.
4 REEVERS ROAD is 155m², which includes one extension, according to the EPC inspection conducted in July 2017. This puts it in the largest 20% 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 REEVERS ROAD lies on this distribution: 88% of detached houses are smaller than 4 REEVERS ROAD, and 12% of houses are larger. Note that EPC data is not available for all properties in Newent.
4 REEVERS ROAD sits on a plot of roughly 0.087 of an acre, or 354m². The below map shows the location of 4 REEVERS 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 REEVERS 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.
4 REEVERS ROAD is located in NEWENT, in the GL18 postcode district. The below map shows the position of No. 4 on REEVERS ROAD.