THE PRIORY, PACKERS ROAD, CINDERFORD, GL14 2DX - £320,000

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.

THE PRIORY is a very large detached house of 153m², built sometime between 1996 and 2002, which could now be worth an estimated £567,072. It was last sold for £320,000 in July 2012, which was around 40% above the average July 2012 detached price in the Forest of Dean local authority area. The most recent EPC inspection was August 2010, where the current energy rating was C, and the potential energy rating was C.

THE PRIORY Sold Prices

Land registry data shows three sales for THE PRIORY 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. One of the three THE PRIORY sales was for above the average price, whilst two 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
2012 6 JUL	£320,000	£228,562	40% above HPI
1999 6 AUG	£37,500	£97,952	62% below HPI
1998 27 FEB	£35,000	£84,750	59% below HPI

THE PRIORY 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 THE PRIORY sales between February 1998 and July 2012 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 August 1999 sale was for 62% below the HPI. So the extrapolation line tracks at 62% below the HPI over time, until the July 2012 sale, where it rises to 40% above the HPI. The line then continues to track at 40% above the HPI.

What might THE PRIORY be worth now?

THE PRIORY might now be worth an estimated £567,072.

This is based on house price inflation of 77.2%, between July 2012 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 77.2% inflationary increase is applied to the most recent sale price for THE PRIORY of £320,000 on 6th July 2012. For the value to have increased from £320,000 to £567,072 over the thirteen years and five months to February 2025, the following assumptions must hold true:

• The value of THE PRIORY has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The July 2012 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of THE PRIORY has not materially changed since July 2012.

How Large is THE PRIORY?

THE PRIORY is 153m² according to the EPC inspection conducted in August 2010. This puts it in the largest 10% of detached houses houses in Cinderford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cinderford, and where THE PRIORY lies on this distribution: 92% of detached houses houses are smaller than THE PRIORY, and 8% of houses are larger. Note that EPC data is not available for all properties in Cinderford.

THE PRIORY: Plot and Title Map

THE PRIORY sits on a plot of roughly 0.374 of an acre, or 1,512m². The below map shows the location of THE PRIORY, 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 THE PRIORY). 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 THE PRIORY?

THE PRIORY is located on PACKERS ROAD in CINDERFORD, in the GL14 postcode district. The below map shows the position of THE PRIORY on PACKERS ROAD.