QUARRY BANK, BUCKSHAFT ROAD, CINDERFORD, GL14 3DN - £240,000

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

QUARRY BANK is a small extended detached house of 105m², built sometime between 1967 and 1975. It was last sold for £240,000 in November 2015, which was around 9% below the average November 2015 detached price in the Forest of Dean local authority area. The most recent EPC inspection was November 2013, where the current energy rating was C, and the potential energy rating was B.

QUARRY BANK Sold Prices

Land registry data shows three sales for QUARRY BANK 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. Two of the three QUARRY BANK sales were for below the average price, whilst one was 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
2015 20 NOV	£240,000	£262,474	9% below HPI
2006 12 SEP	£237,000	£243,726	3% below HPI
1996 10 APR	£92,000	£70,885	30% above HPI

QUARRY BANK 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 QUARRY BANK sales between April 1996 and November 2015 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 2006 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the November 2015 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is QUARRY BANK?

QUARRY BANK is 105m², which includes two extensions, according to the EPC inspection conducted in November 2013. This puts it in the smallest 40% of detached houses in Ruspidge, based on EPC data. The below chart shows the distribution of detached houses by size in Ruspidge, and where QUARRY BANK lies on this distribution: 40% of detached houses are smaller than QUARRY BANK, and 60% of houses are larger. Note that EPC data is not available for all properties in Ruspidge.

QUARRY BANK: Plot and Title Map

QUARRY BANK sits on a plot of roughly 0.181 of an acre, or 732m². The below map shows the location of QUARRY BANK, 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 QUARRY BANK). 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 QUARRY BANK?

QUARRY BANK is located on BUCKSHAFT ROAD in CINDERFORD, in the GL14 postcode district. The below map shows the position of QUARRY BANK on BUCKSHAFT ROAD.