7, THE OLD STATION YARD, NEWNHAM, GL14 1DH - £255,000

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 THE OLD STATION YARD is a very small detached house of 63m², built sometime between 2003 and 2006. It was last sold for £255,000 in December 2023, which was around 32% below the average December 2023 detached price in the Forest of Dean local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

7 THE OLD STATION YARD Sold Prices

Land registry data shows two sales for 7 THE OLD STATION YARD 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 THE OLD STATION YARD 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
2023 18 DEC	£255,000	£376,501	32% below HPI
2014 26 NOV	£123,000	£253,882	52% below HPI

7 THE OLD STATION YARD 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 THE OLD STATION YARD sales from November 2014 and December 2023 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 November 2014 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the December 2023 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 7 THE OLD STATION YARD?

7 THE OLD STATION YARD is 63m² according to the EPC inspection conducted in October 2022. This puts it in the smallest 10% of detached houses in Newnham, based on EPC data. The below chart shows the distribution of detached houses by size in Newnham, and where 7 THE OLD STATION YARD lies on this distribution: Less than 1% of detached houses are smaller than 7 THE OLD STATION YARD, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Newnham.

7 THE OLD STATION YARD: Plot and Title Map

7 THE OLD STATION YARD sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 7 THE OLD STATION YARD, 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 THE OLD STATION YARD). 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 THE OLD STATION YARD?

7 THE OLD STATION YARD is located in NEWNHAM, in the GL14 postcode district. The below map shows the position of No. 7 on THE OLD STATION YARD.