THE WELL, RAILWAY ROAD, CINDERFORD, GL14 3HL - £265,000

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

THE WELL is a very large detached house of 192m², built sometime between 2007 and 2011. It was last sold for £265,000 in February 2016, which was around 1% below the average February 2016 detached price in the Forest of Dean local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

THE WELL Sold Prices

Land registry data shows two sales for THE WELL since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Forest of Dean local authority area for the corresponding sale date. One of the two THE WELL sales was for below the average price, whilst the other 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
2016 2 FEB	£265,000	£267,738	1% below HPI
1999 12 NOV	£110,000	£102,544	7% above HPI

THE WELL 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 two THE WELL sales from November 1999 and February 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 November 1999 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the February 2016 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is THE WELL?

THE WELL is 192m² according to the EPC inspection conducted in August 2022. This puts it in the largest 10% of detached houses in Ruspidge, based on EPC data. The below chart shows the distribution of detached houses by size in Ruspidge, and where THE WELL lies on this distribution: 93% of detached houses are smaller than THE WELL, and 7% of houses are larger. Note that EPC data is not available for all properties in Ruspidge.

THE WELL: Plot and Title Map

THE WELL sits on a plot of roughly 0.107 of an acre, or 432m². The below map shows the location of THE WELL, 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 WELL). 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 WELL?

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