5, LAKESIDE, NEWENT, GL18 1SZ - £195,000

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.

5 LAKESIDE is a very small extended semi-detached house of 70m², built sometime between 1991 and 1995, which could now be worth an estimated £371,609. It was last sold for £195,000 in May 2009, which was around 42% above the average May 2009 semi-detached price in the Forest of Dean local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was C.

5 LAKESIDE Sold Prices

Land registry data shows two sales for 5 LAKESIDE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Forest of Dean local authority area for the corresponding sale date. Both of the two 5 LAKESIDE 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
2009 1 MAY	£195,000	£137,057	42% above HPI
2004 15 DEC	£195,000	£139,710	40% above HPI

5 LAKESIDE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Forest of Dean local authority area over time, sourced from the HPI. The two 5 LAKESIDE sales from December 2004 and May 2009 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 December 2004 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the May 2009 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.

What might 5 LAKESIDE be worth now?

5 LAKESIDE might now be worth an estimated £371,609.

This is based on house price inflation of 90.6%, between May 2009 and February 2025, for semi-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 90.6% inflationary increase is applied to the most recent sale price for 5 LAKESIDE of £195,000 on 1st May 2009. For the value to have increased from £195,000 to £371,609 over the sixteen years and three months to February 2025, the following assumptions must hold true:

• The value of 5 LAKESIDE has moved in line with the HPI for semi-detached houses in the Forest of Dean local authority area.
• The May 2009 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 5 LAKESIDE has not materially changed since May 2009.

How Large is 5 LAKESIDE?

5 LAKESIDE is 70m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the smallest 10% of semi-detached houses houses in Newent, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Newent, and where 5 LAKESIDE lies on this distribution: 7% of semi-detached houses houses are smaller than 5 LAKESIDE, and 92% of houses are larger. Note that EPC data is not available for all properties in Newent.

5 LAKESIDE: Plot and Title Map

5 LAKESIDE sits on a plot of roughly 0.157 of an acre, or 635m². The below map shows the location of 5 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 5 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 5 LAKESIDE?

5 LAKESIDE is located in NEWENT, in the GL18 postcode district. The below map shows the position of No. 5 on LAKESIDE.