71, LAKESIDE, NEWENT, GL18 1TA - £230,000

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.

71 LAKESIDE is a very small semi-detached house of 70m², built sometime between 1983 and 1990, which could now be worth an estimated £294,305. It was last sold for £230,000 in December 2018, which was around 13% above the average December 2018 semi-detached price in the Forest of Dean local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was B.

71 LAKESIDE Sold Prices

Land registry data shows two sales for 71 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 71 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
2018 14 DEC	£230,000	£204,119	13% above HPI
2001 15 FEB	£92,500	£71,637	29% above HPI

71 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 71 LAKESIDE sales from February 2001 and December 2018 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 February 2001 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the December 2018 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 71 LAKESIDE be worth now?

71 LAKESIDE might now be worth an estimated £294,305.

This is based on house price inflation of 28%, between December 2018 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 28% inflationary increase is applied to the most recent sale price for 71 LAKESIDE of £230,000 on 14th December 2018. For the value to have increased from £230,000 to £294,305 over the seven years and ten months to February 2025, the following assumptions must hold true:

• The value of 71 LAKESIDE has moved in line with the HPI for semi-detached houses in the Forest of Dean local authority area.
• The December 2018 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 71 LAKESIDE has not materially changed since December 2018.

How Large is 71 LAKESIDE?

71 LAKESIDE is 70m² according to the EPC inspection conducted in June 2019. 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 71 LAKESIDE lies on this distribution: 7% of semi-detached houses houses are smaller than 71 LAKESIDE, and 92% of houses are larger. Note that EPC data is not available for all properties in Newent.

71 LAKESIDE: Plot and Title Map

71 LAKESIDE sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 71 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 71 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 71 LAKESIDE?

71 LAKESIDE is located in NEWENT, in the GL18 postcode district. The below map shows the position of No. 71 on LAKESIDE.