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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

6 CHERRY BANK is a small detached house of 109m², built sometime between 1967 and 1975, which could now be worth an estimated £546,204. It was last sold for £490,000 in January 2021, which was around 43% 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	£342,715	43% above HPI
2007 23 AUG	£432,000	£260,099	66% 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 66% above the HPI. So the extrapolation line tracks at 66% above the HPI over time, until the January 2021 sale, where it falls to 43% above the HPI. The line then continues to track at 43% above the HPI.

What might 6 CHERRY BANK be worth now?

6 CHERRY BANK might now be worth an estimated £546,204.

This is based on house price inflation of 11.5%, between January 2021 and December 2024, 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 11.5% inflationary increase is applied to the most recent sale price for 6 CHERRY BANK of £490,000 on 12th January 2021. For the value to have increased from £490,000 to £546,204 over the two years and one month to December 2024, the following assumptions must hold true:

• The value of 6 CHERRY BANK has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The January 2021 sale price of £490,000 represented a fair market value for the property.
• The size, condition, and specification of 6 CHERRY BANK has not materially changed since January 2021.

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 houses in Newent, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newent, and where 6 CHERRY BANK lies on this distribution: 39% of detached houses houses are smaller than 6 CHERRY BANK, and 60% 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.