HOLLY BANK, GRACES PITCH, NEWENT, GL18 1SU - £435,000

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

HOLLY BANK is a very large extended detached house of 156m², built sometime between 2007 and 2011. It was last sold for £435,000 in May 2023, which was around 13% above the average May 2023 detached price in the Forest of Dean local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was B.

HOLLY BANK Sold Prices

Land registry data shows two sales for HOLLY BANK 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 HOLLY BANK 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
2023 26 MAY	£435,000	£383,855	13% above HPI
2013 20 DEC	£265,000	£232,089	14% above HPI

HOLLY BANK 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 HOLLY BANK sales from December 2013 and May 2023 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 2013 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the May 2023 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is HOLLY BANK?

HOLLY BANK is 156m², which includes one extension, according to the EPC inspection conducted in February 2023. This puts it in the largest 20% of detached houses in Newent, based on EPC data. The below chart shows the distribution of detached houses by size in Newent, and where HOLLY BANK lies on this distribution: 88% of detached houses are smaller than HOLLY BANK, and 11% of houses are larger. Note that EPC data is not available for all properties in Newent.

HOLLY BANK: Plot and Title Map

HOLLY BANK sits on a plot of roughly 0.117 of an acre, or 475m². The below map shows the location of HOLLY BANK, 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 HOLLY BANK). 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 HOLLY BANK?

HOLLY BANK is located on GRACES PITCH in NEWENT, in the GL18 postcode district. The below map shows the position of HOLLY BANK on GRACES PITCH.