GREENACRES, THE PATCHES, RUARDEAN WOODSIDE, RUARDEAN, GL17 9XZ - £363,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

GREENACRES is a large extended detached house of 150m², built sometime between 1976 and 1982, which could now be worth an estimated £500,888. It was last sold for £363,000 in May 2018, which was around 24% above the average May 2018 detached price in the Forest of Dean local authority area. The most recent EPC inspection was December 2016, where the current energy rating was D, and the potential energy rating was A.

GREENACRES Sold Prices

Land registry data shows two sales for GREENACRES 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. One of the two GREENACRES sales was for above the average price, whilst the other was 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
2018 11 MAY	£363,000	£293,534	24% above HPI
1998 31 JUL	£59,950	£89,746	33% below HPI

GREENACRES 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 GREENACRES sales from July 1998 and May 2018 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 July 1998 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the May 2018 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might GREENACRES be worth now?

GREENACRES might now be worth an estimated £500,888.

This is based on house price inflation of 38%, between May 2018 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 38% inflationary increase is applied to the most recent sale price for GREENACRES of £363,000 on 11th May 2018. For the value to have increased from £363,000 to £500,888 over the seven years and three months to February 2025, the following assumptions must hold true:

• The value of GREENACRES has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The May 2018 sale price of £363,000 represented a fair market value for the property.
• The size, condition, and specification of GREENACRES has not materially changed since May 2018.

How Large is GREENACRES?

GREENACRES is 150m², which includes two extensions, according to the EPC inspection conducted in December 2016. This puts it in the largest 30% of detached houses houses in Ruardean Woodside, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ruardean Woodside, and where GREENACRES lies on this distribution: 74% of detached houses houses are smaller than GREENACRES, and 26% of houses are larger. Note that EPC data is not available for all properties in Ruardean Woodside.

GREENACRES: Plot and Title Map

GREENACRES sits on a plot of roughly 0.160 of an acre, or 649m². The below map shows the location of GREENACRES, 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 GREENACRES). 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 GREENACRES?

GREENACRES is located on THE PATCHES in RUARDEAN WOODSIDE, in the GL17 postcode district. The below map shows the position of GREENACRES on THE PATCHES.