7, AKERMANS ORCHARD, NEWENT, GL18 1QD - £265,000

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

7 AKERMANS ORCHARD is a very small detached house of 59m², built sometime between 1967 and 1975. It was last sold for £265,000 in March 2022, which was around 29% below the average March 2022 detached price in the Forest of Dean local authority area. The most recent EPC inspection was May 2021, where the current energy rating was C, and the potential energy rating was B.

7 AKERMANS ORCHARD Sold Prices

Land registry data shows two sales for 7 AKERMANS ORCHARD 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 7 AKERMANS ORCHARD 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
2022 11 MAR	£265,000	£371,710	29% below HPI
2001 23 MAR	£90,000	£118,155	24% below HPI

7 AKERMANS ORCHARD 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 7 AKERMANS ORCHARD sales from March 2001 and March 2022 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 March 2001 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the March 2022 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 7 AKERMANS ORCHARD?

7 AKERMANS ORCHARD is 59m² according to the EPC inspection conducted in May 2021. 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 7 AKERMANS ORCHARD lies on this distribution: 4% of detached houses are smaller than 7 AKERMANS ORCHARD, and 96% of houses are larger. Note that EPC data is not available for all properties in Newent.

7 AKERMANS ORCHARD: Plot and Title Map

7 AKERMANS ORCHARD sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of 7 AKERMANS ORCHARD, 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 7 AKERMANS ORCHARD). 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 7 AKERMANS ORCHARD?

7 AKERMANS ORCHARD is located in NEWENT, in the GL18 postcode district. The below map shows the position of No. 7 on AKERMANS ORCHARD.