FOREST VIEW LODGE, RAILWAY ROAD, CINDERFORD, GL14 3HL - £340,000

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

FOREST VIEW LODGE is a large extended detached house of 137m², built sometime between 1991 and 1995. It was last sold for £340,000 in October 2022, which was around 15% below the average October 2022 detached price in the Forest of Dean local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was C.

FOREST VIEW LODGE Sold Prices

Land registry data shows five sales for FOREST VIEW LODGE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Forest of Dean local authority area for the corresponding sale date. The five FOREST VIEW LODGE sales were a mix of below the average price, and roughly equal to 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
2022 14 OCT	£340,000	£399,229	15% below HPI
2012 23 MAR	£165,000	£232,512	29% below HPI
2009 2 MAY	£210,000	£209,581	Close to HPI
1997 11 APR	£74,500	£78,651	5% below HPI
1996 15 NOV	£50,000	£76,708	35% below HPI

FOREST VIEW LODGE 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 five FOREST VIEW LODGE sales between November 1996 and October 2022 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 2012 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the October 2022 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is FOREST VIEW LODGE?

FOREST VIEW LODGE is 137m², which includes three extensions, according to the EPC inspection conducted in May 2022. This puts it in the largest 40% of detached houses in Ruspidge, based on EPC data. The below chart shows the distribution of detached houses by size in Ruspidge, and where FOREST VIEW LODGE lies on this distribution: 66% of detached houses are smaller than FOREST VIEW LODGE, and 32% of houses are larger. Note that EPC data is not available for all properties in Ruspidge.

FOREST VIEW LODGE: Plot and Title Map

FOREST VIEW LODGE sits on a plot of roughly 0.104 of an acre, or 421m². The below map shows the location of FOREST VIEW LODGE, 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 FOREST VIEW LODGE). 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 FOREST VIEW LODGE?

FOREST VIEW LODGE is located on RAILWAY ROAD in CINDERFORD, in the GL14 postcode district. The below map shows the position of FOREST VIEW LODGE on RAILWAY ROAD.