9, HEWLETT WAY, RUSPIDGE, CINDERFORD, GL14 3AJ - £220,000

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.

9 HEWLETT WAY is a very small extended detached house of 73m², built sometime between 1967 and 1975, which could now be worth an estimated £259,707. It was last sold for £220,000 in February 2021, which was around 36% below the average February 2021 detached price in the Forest of Dean local authority area. The most recent EPC inspection was June 2017, where the current energy rating was E, and the potential energy rating was B.

9 HEWLETT WAY Sold Prices

Land registry data shows two sales for 9 HEWLETT 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 9 HEWLETT 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
2021 25 FEB	£220,000	£343,109	36% below HPI
2018 11 MAY	£170,000	£293,534	42% below HPI

9 HEWLETT 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 9 HEWLETT WAY sales from May 2018 and February 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 May 2018 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the February 2021 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 9 HEWLETT WAY be worth now?

9 HEWLETT WAY might now be worth an estimated £259,707.

This is based on house price inflation of 18%, between February 2021 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 18% inflationary increase is applied to the most recent sale price for 9 HEWLETT WAY of £220,000 on 25th February 2021. For the value to have increased from £220,000 to £259,707 over the four years to February 2025, the following assumptions must hold true:

• The value of 9 HEWLETT WAY has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The February 2021 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 9 HEWLETT WAY has not materially changed since February 2021.

How Large is 9 HEWLETT WAY?

9 HEWLETT WAY is 73m², which includes one extension, according to the EPC inspection conducted in June 2017. This puts it in the smallest 20% of detached houses houses in Ruspidge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ruspidge, and where 9 HEWLETT WAY lies on this distribution: 10% of detached houses houses are smaller than 9 HEWLETT WAY, and 89% of houses are larger. Note that EPC data is not available for all properties in Ruspidge.

9 HEWLETT WAY: Plot and Title Map

9 HEWLETT WAY sits on a plot of roughly 0.149 of an acre, or 601m². The below map shows the location of 9 HEWLETT 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 9 HEWLETT 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 9 HEWLETT WAY?

9 HEWLETT WAY is located in RUSPIDGE, in the GL14 postcode district. The below map shows the position of No. 9 on HEWLETT WAY.