NEW HOUSE, WESLEY ROAD, WHITECROFT, LYDNEY, GL15 4RE - £187,500

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 small extended detached house of 93m², built sometime between 1991 and 1995, which could now be worth an estimated £329,623. It was last sold for £187,500 in March 2014, which was around 19% below the average March 2014 detached price in the Forest of Dean local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.

NEW HOUSE Sold Prices

Land registry data shows two sales for NEW HOUSE 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 NEW HOUSE sales were 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
2014 3 MAR	£187,500	£230,397	19% below HPI
1998 30 SEP	£70,000	£86,121	19% below 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 two NEW HOUSE sales from September 1998 and March 2014 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 1998 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the March 2014 sale, which was also at 19% below the HPI.

What might NEW HOUSE be worth now?

NEW HOUSE might now be worth an estimated £329,623.

This is based on house price inflation of 75.8%, between March 2014 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 75.8% inflationary increase is applied to the most recent sale price for NEW HOUSE of £187,500 on 3rd March 2014. For the value to have increased from £187,500 to £329,623 over the eleven years and one month 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 March 2014 sale price of £187,500 represented a fair market value for the property.
• The size, condition, and specification of NEW HOUSE has not materially changed since March 2014.

How Large is NEW HOUSE?

NEW HOUSE is 93m², which includes one extension, according to the EPC inspection conducted in May 2012. This puts it in the smallest 40% of detached houses houses in Whitecroft, based on EPC data. The below chart shows the distribution of detached houses houses by size in Whitecroft, and where NEW HOUSE lies on this distribution: 31% of detached houses houses are smaller than NEW HOUSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Whitecroft.

NEW HOUSE: Plot and Title Map

NEW HOUSE sits on a plot of roughly 0.049 of an acre, or 199m². 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 WESLEY ROAD in WHITECROFT, in the GL15 postcode district. The below map shows the position of NEW HOUSE on WESLEY ROAD.