8, NODENS WAY, LYDNEY, GL15 5NP - £180,000

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.

8 NODENS WAY is a small extended detached house of 92m², built sometime between 1996 and 2002, which could now be worth an estimated £345,618. It was last sold for £180,000 in July 2009, which was around 15% below the average July 2009 detached price in the Forest of Dean local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

8 NODENS WAY Sold Prices

Land registry data shows two sales for 8 NODENS WAY 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 8 NODENS WAY 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
2009 24 JUL	£180,000	£210,945	15% below HPI
1997 20 NOV	£74,000	£82,543	10% below HPI

8 NODENS WAY 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 8 NODENS WAY sales from November 1997 and July 2009 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 1997 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the July 2009 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 8 NODENS WAY be worth now?

8 NODENS WAY might now be worth an estimated £345,618.

This is based on house price inflation of 92%, between July 2009 and February 2025, 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 92% inflationary increase is applied to the most recent sale price for 8 NODENS WAY of £180,000 on 24th July 2009. For the value to have increased from £180,000 to £345,618 over the sixteen years and five months to February 2025, the following assumptions must hold true:

• The value of 8 NODENS WAY has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The July 2009 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 8 NODENS WAY has not materially changed since July 2009.

How Large is 8 NODENS WAY?

8 NODENS WAY is 92m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the smallest 30% of detached houses houses in Lydney, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lydney, and where 8 NODENS WAY lies on this distribution: 28% of detached houses houses are smaller than 8 NODENS WAY, and 70% of houses are larger. Note that EPC data is not available for all properties in Lydney.

8 NODENS WAY: Plot and Title Map

8 NODENS WAY sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of 8 NODENS WAY, 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 8 NODENS WAY). 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 8 NODENS WAY?

8 NODENS WAY is located in LYDNEY, in the GL15 postcode district. The below map shows the position of No. 8 on NODENS WAY.