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

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 OFFICE ROAD is a small extended detached house of 83m², built sometime between 1950 and 1966, which could now be worth an estimated £295,556. 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	£311,085	27% below HPI
2005 23 MAR	£125,000	£217,453	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.

What might 8 OFFICE ROAD be worth now?

8 OFFICE ROAD might now be worth an estimated £295,556.

This is based on house price inflation of 30.2%, between March 2019 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 30.2% inflationary increase is applied to the most recent sale price for 8 OFFICE ROAD of £227,000 on 22nd March 2019. For the value to have increased from £227,000 to £295,556 over the six years and one month to February 2025, the following assumptions must hold true:

• The value of 8 OFFICE ROAD has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The March 2019 sale price of £227,000 represented a fair market value for the property.
• The size, condition, and specification of 8 OFFICE ROAD has not materially changed since March 2019.

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 houses in Cinderford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cinderford, and where 8 OFFICE ROAD lies on this distribution: 31% of detached houses 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 0.086 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.