PENDINE, HYDE LANE, NEWNHAM, GL14 1HQ - £215,000

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

PENDINE is a small extended detached house of 98m², built sometime between 1900 and 1929, which could now be worth an estimated £279,308. It was last sold for £215,000 in January 2018, which was around 27% below the average January 2018 detached price in the Forest of Dean local authority area. The most recent EPC inspection was November 2014, where the current energy rating was E, and the potential energy rating was C.

PENDINE Sold Prices

Land registry data shows three sales for PENDINE 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 PENDINE 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
2018 26 JAN	£215,000	£294,067	27% below HPI
2006 21 JUL	£210,000	£234,454	10% below HPI
2004 10 SEP	£210,000	£226,381	7% below HPI

PENDINE 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 PENDINE sales between September 2004 and January 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 2006 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the January 2018 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might PENDINE be worth now?

PENDINE might now be worth an estimated £279,308.

This is based on house price inflation of 29.9%, between January 2018 and December 2024, 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 29.9% inflationary increase is applied to the most recent sale price for PENDINE of £215,000 on 26th January 2018. For the value to have increased from £215,000 to £279,308 over the five years and one month to December 2024, the following assumptions must hold true:

• The value of PENDINE has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The January 2018 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of PENDINE has not materially changed since January 2018.

How Large is PENDINE?

PENDINE is 98m², which includes three extensions, according to the EPC inspection conducted in November 2014. This puts it in the smallest 30% of detached houses houses in Newnham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newnham, and where PENDINE lies on this distribution: 22% of detached houses houses are smaller than PENDINE, and 78% of houses are larger. Note that EPC data is not available for all properties in Newnham.

PENDINE: Plot and Title Map

PENDINE sits on a plot of roughly 0.051 of an acre, or 208m². The below map shows the location of PENDINE, 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 PENDINE). 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 PENDINE?

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