PORTHCRESSA, CULVER STREET, NEWENT, GL18 1JA - £335,000

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

PORTHCRESSA is a very small detached house of 80m², built sometime between 1967 and 1975. It was last sold for £335,000 in June 2016, which was around 30% above the average June 2016 detached price in the Forest of Dean local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

PORTHCRESSA Sold Prices

Land registry data shows four sales for PORTHCRESSA since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Forest of Dean local authority area for the corresponding sale date. All of the four PORTHCRESSA 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
2016 6 JUN	£335,000	£258,557	30% above HPI
2006 31 OCT	£320,000	£242,288	32% above HPI
2003 30 MAY	£250,000	£173,717	44% above HPI
1999 9 JUL	£127,500	£100,884	26% above HPI

PORTHCRESSA 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 four PORTHCRESSA sales between July 1999 and June 2016 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 October 2006 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the June 2016 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is PORTHCRESSA?

PORTHCRESSA is 80m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 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 PORTHCRESSA lies on this distribution: 12% of detached houses are smaller than PORTHCRESSA, and 87% of houses are larger. Note that EPC data is not available for all properties in Newent.

PORTHCRESSA: Plot and Title Map

PORTHCRESSA sits on a plot of roughly 0.168 of an acre, or 679m². The below map shows the location of PORTHCRESSA, 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 PORTHCRESSA). 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 PORTHCRESSA?

PORTHCRESSA is located on CULVER STREET in NEWENT, in the GL18 postcode district. The below map shows the position of PORTHCRESSA on CULVER STREET.