FAIRMEAD, ROSS ROAD, NEWENT, GL18 1BE - £152,000

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

FAIRMEAD is a large detached house of 135m², built sometime between 1967 and 1975. It was last sold for £152,000 in July 2000, which was around 36% above the average July 2000 detached price in the Forest of Dean local authority area. The most recent EPC inspection was February 2017, where the current energy rating was B, and the potential energy rating was B.

FAIRMEAD Sold Prices

Land registry data shows two sales for FAIRMEAD 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 FAIRMEAD sales were for above 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
2000 25 JUL	£152,000	£111,474	36% above HPI
1999 9 SEP	£125,000	£100,218	25% above HPI

FAIRMEAD 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 FAIRMEAD sales from September 1999 and July 2000 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 September 1999 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the July 2000 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.

How Large is FAIRMEAD?

FAIRMEAD is 135m² according to the EPC inspection conducted in February 2017. This puts it in the largest 30% of detached houses in Newent, based on EPC data. The below chart shows the distribution of detached houses by size in Newent, and where FAIRMEAD lies on this distribution: 72% of detached houses are smaller than FAIRMEAD, and 28% of houses are larger. Note that EPC data is not available for all properties in Newent.

FAIRMEAD: Plot and Title Map

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

FAIRMEAD is located on ROSS ROAD in NEWENT, in the GL18 postcode district. The below map shows the position of FAIRMEAD on ROSS ROAD.