8, PARK VIEW, RUARDEAN, GL17 9YW - £302,000

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 PARK VIEW is a small extended detached house of 91m², built sometime between 1983 and 1990. It was last sold for £302,000 in June 2021, which was around 12% below the average June 2021 detached price in the Forest of Dean local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was C.

8 PARK VIEW Sold Prices

Land registry data shows three sales for 8 PARK VIEW since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Forest of Dean local authority area for the corresponding sale date. All of the three 8 PARK VIEW 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
2021 30 JUN	£302,000	£343,714	12% below HPI
2009 19 JUN	£139,000	£214,525	35% below HPI
1995 13 OCT	£65,000	£72,315	10% below HPI

8 PARK VIEW 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 three 8 PARK VIEW sales between October 1995 and June 2021 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 June 2009 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the June 2021 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 8 PARK VIEW?

8 PARK VIEW is 91m², which includes one extension, according to the EPC inspection conducted in September 2016. This puts it in the smallest 40% of detached houses in Ruardean, based on EPC data. The below chart shows the distribution of detached houses by size in Ruardean, and where 8 PARK VIEW lies on this distribution: 37% of detached houses are smaller than 8 PARK VIEW, and 61% of houses are larger. Note that EPC data is not available for all properties in Ruardean.

8 PARK VIEW: Plot and Title Map

8 PARK VIEW sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of 8 PARK VIEW, 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 PARK VIEW). 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 PARK VIEW?

8 PARK VIEW is located in RUARDEAN, in the GL17 postcode district. The below map shows the position of No. 8 on PARK VIEW.