NEW HOUSE, HEWLETT WAY, RUSPIDGE, CINDERFORD, GL14 3AJ - £250,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

NEW HOUSE is a very large extended detached house of 208m², built sometime between 1991 and 1995, which could now be worth an estimated £442,022. It was last sold for £250,000 in October 2008, which was around 9% above the average October 2008 detached price in the Forest of Dean local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was C.

NEW HOUSE Sold Prices

Land registry data shows three sales for NEW HOUSE since 1^st 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 NEW HOUSE 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
2008 9 OCT	£250,000	£229,081	9% above HPI
2002 11 JAN	£132,000	£130,270	1% above HPI
1997 21 AUG	£87,500	£84,927	3% above HPI

NEW HOUSE 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 three NEW HOUSE sales between August 1997 and October 2008 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 January 2002 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the October 2008 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might NEW HOUSE be worth now?

NEW HOUSE might now be worth an estimated £442,022.

This is based on house price inflation of 76.8%, between October 2008 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 76.8% inflationary increase is applied to the most recent sale price for NEW HOUSE of £250,000 on 9th October 2008. For the value to have increased from £250,000 to £442,022 over the seventeen years and eight months to February 2025, the following assumptions must hold true:

• The value of NEW HOUSE has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The October 2008 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of NEW HOUSE has not materially changed since October 2008.

How Large is NEW HOUSE?

NEW HOUSE is 208m², which includes two extensions, according to the EPC inspection conducted in July 2022. This puts it in the largest 10% of detached houses houses in Ruspidge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ruspidge, and where NEW HOUSE lies on this distribution: 96% of detached houses houses are smaller than NEW HOUSE, and 4% of houses are larger. Note that EPC data is not available for all properties in Ruspidge.

NEW HOUSE: Plot and Title Map

NEW HOUSE sits on a plot of roughly 0.140 of an acre, or 565m². The below map shows the location of NEW HOUSE, 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 NEW HOUSE). 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 NEW HOUSE?

NEW HOUSE is located on HEWLETT WAY in RUSPIDGE, in the GL14 postcode district. The below map shows the position of NEW HOUSE on HEWLETT WAY.