6, CHERRY BANK, NEWENT, GL18 1JZ - £490,000

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

6 CHERRY BANK is a small detached house of 109m², built sometime between 1967 and 1975. It was last sold for £490,000 in January 2021, which was around 42% above the average January 2021 detached price in the Forest of Dean local authority area. The most recent EPC inspection was August 2020, where the current energy rating was E, and the potential energy rating was C.

6 CHERRY BANK Sold Prices

Land registry data shows two sales for 6 CHERRY BANK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Forest of Dean local authority area for the corresponding sale date. Both of the two 6 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
2021 12 JAN	£490,000	£344,701	42% above HPI
2007 23 AUG	£432,000	£261,606	65% above HPI

6 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 two 6 CHERRY BANK sales from August 2007 and January 2021 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 2007 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the January 2021 sale, where it falls to 42% above the HPI. The line then continues to track at 42% above the HPI.

How Large is 6 CHERRY BANK?

6 CHERRY BANK is 109m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 40% of detached houses in Newent, based on EPC data. The below chart shows the distribution of detached houses by size in Newent, and where 6 CHERRY BANK lies on this distribution: 39% of detached houses are smaller than 6 CHERRY BANK, and 61% of houses are larger. Note that EPC data is not available for all properties in Newent.

6 CHERRY BANK: Plot and Title Map

6 CHERRY BANK sits on a plot of roughly 0.249 of an acre, or 1,007m². The below map shows the location of 6 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 6 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 6 CHERRY BANK?

6 CHERRY BANK is located in NEWENT, in the GL18 postcode district. The below map shows the position of No. 6 on CHERRY BANK.