8, OFFICE ROAD, CINDERFORD, GL14 2HZ - £227,000

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

8 OFFICE ROAD is a small extended detached house of 83m², built sometime between 1950 and 1966. It was last sold for £227,000 in March 2019, which was around 27% below the average March 2019 detached price in the Forest of Dean local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

8 OFFICE ROAD Sold Prices

Land registry data shows two sales for 8 OFFICE ROAD 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 OFFICE ROAD 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
2019 22 MAR	£227,000	£312,888	27% below HPI
2005 23 MAR	£125,000	£218,713	43% below HPI

8 OFFICE ROAD 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 OFFICE ROAD sales from March 2005 and March 2019 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 2005 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the March 2019 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 8 OFFICE ROAD?

8 OFFICE ROAD is 83m², which includes two extensions, according to the EPC inspection conducted in May 2014. This puts it in the smallest 40% of detached houses in Cinderford, based on EPC data. The below chart shows the distribution of detached houses by size in Cinderford, and where 8 OFFICE ROAD lies on this distribution: 31% of detached houses are smaller than 8 OFFICE ROAD, and 68% of houses are larger. Note that EPC data is not available for all properties in Cinderford.

8 OFFICE ROAD: Plot and Title Map

8 OFFICE ROAD sits on a plot of roughly 0.087 of an acre, or 350m². The below map shows the location of 8 OFFICE ROAD, 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 OFFICE ROAD). 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 OFFICE ROAD?

8 OFFICE ROAD is located in CINDERFORD, in the GL14 postcode district. The below map shows the position of No. 8 on OFFICE ROAD.