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
9 PEACOCK LANE is a small extended detached house of 90m², built sometime before 1900. It was last sold for £250,000 in December 2021, which was around 30% below the average December 2021 detached price in the Forest of Dean local authority area. The most recent EPC inspection was November 2014, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows three sales for 9 PEACOCK LANE since 1st 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 9 PEACOCK LANE 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 16 DEC | £250,000 | £355,797 | 30% below HPI |
2008 5 DEC | £203,000 | £219,281 | 7% below HPI |
1997 27 NOV | £45,000 | £83,021 | 46% below HPI |
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 9 PEACOCK LANE sales between November 1997 and December 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 December 2008 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the December 2021 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.
9 PEACOCK LANE is 90m², which includes two extensions, according to the EPC inspection conducted in November 2014. This puts it in the smallest 30% of detached houses in Ruspidge, based on EPC data. The below chart shows the distribution of detached houses by size in Ruspidge, and where 9 PEACOCK LANE lies on this distribution: 25% of detached houses are smaller than 9 PEACOCK LANE, and 75% of houses are larger. Note that EPC data is not available for all properties in Ruspidge.
9 PEACOCK LANE sits on a plot of roughly 0.154 of an acre, or 622m². The below map shows the location of 9 PEACOCK LANE, 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 PEACOCK LANE). 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.
9 PEACOCK LANE is located in CINDERFORD, in the GL14 postcode district. The below map shows the position of No. 9 on PEACOCK LANE.