NORTHCOT, HYDE LANE, NEWNHAM, GL14 1HQ - £80,000

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.

NORTHCOT is a very small extended semi-detached house of 83m², built sometime between 1900 and 1929, which could now be worth an estimated £242,031. It was last sold for £80,000 in June 2002, which was around 7% below the average June 2002 semi-detached price in the Forest of Dean local authority area. The most recent EPC inspection was March 2022, where the current energy rating was F, and the potential energy rating was B.

NORTHCOT Sold Prices

Land registry data shows three sales for NORTHCOT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Forest of Dean local authority area for the corresponding sale date. One of the three NORTHCOT sales was for below the average price, whilst two 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
2002 7 JUN	£80,000	£86,332	7% below HPI
2001 8 JUN	£75,000	£73,491	2% above HPI
1995 11 OCT	£60,000	£44,662	34% above HPI

NORTHCOT Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Forest of Dean local authority area over time, sourced from the HPI. The three NORTHCOT sales between October 1995 and June 2002 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 June 2001 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the June 2002 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might NORTHCOT be worth now?

NORTHCOT might now be worth an estimated £242,031.

This is based on house price inflation of 202.5%, between June 2002 and February 2025, for semi-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 202.5% inflationary increase is applied to the most recent sale price for NORTHCOT of £80,000 on 7th June 2002. For the value to have increased from £80,000 to £242,031 over the 23 years and four months to February 2025, the following assumptions must hold true:

• The value of NORTHCOT has moved in line with the HPI for semi-detached houses in the Forest of Dean local authority area.
• The June 2002 sale price of £80,000 represented a fair market value for the property.
• The size, condition, and specification of NORTHCOT has not materially changed since June 2002.

How Large is NORTHCOT?

NORTHCOT is 83m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the smallest 20% of semi-detached houses houses in Newnham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Newnham, and where NORTHCOT lies on this distribution: 12% of semi-detached houses houses are smaller than NORTHCOT, and 87% of houses are larger. Note that EPC data is not available for all properties in Newnham.

NORTHCOT: Plot and Title Map

NORTHCOT sits on a plot of roughly 0.156 of an acre, or 633m². The below map shows the location of NORTHCOT, 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 NORTHCOT). 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 NORTHCOT?

NORTHCOT is located on HYDE LANE in NEWNHAM, in the GL14 postcode district. The below map shows the position of NORTHCOT on HYDE LANE.