THE WISHING WELL, UPPER SOUDLEY, CINDERFORD, GL14 2TY - £252,500

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 WISHING WELL is a very small detached house of 77m², built sometime between 1983 and 1990, which could now be worth an estimated £322,174. It was last sold for £252,500 in August 2019, which was around 20% below the average August 2019 detached price in the Forest of Dean local authority area. The most recent EPC inspection was November 2012, where the current energy rating was D, and the potential energy rating was C.

THE WISHING WELL Sold Prices

Land registry data shows three sales for THE WISHING WELL 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 THE WISHING WELL 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
2019 21 AUG	£252,500	£317,441	20% below HPI
2015 14 AUG	£195,000	£241,961	19% below HPI
2003 17 OCT	£186,000	£188,476	1% below HPI

THE WISHING 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 three THE WISHING WELL sales between October 2003 and August 2019 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 2015 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2019 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might THE WISHING WELL be worth now?

THE WISHING WELL might now be worth an estimated £322,174.

This is based on house price inflation of 27.6%, between August 2019 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 27.6% inflationary increase is applied to the most recent sale price for THE WISHING WELL of £252,500 on 21st August 2019. For the value to have increased from £252,500 to £322,174 over the six years and six months to February 2025, the following assumptions must hold true:

• The value of THE WISHING WELL has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The August 2019 sale price of £252,500 represented a fair market value for the property.
• The size, condition, and specification of THE WISHING WELL has not materially changed since August 2019.

How Large is THE WISHING WELL?

THE WISHING WELL is 77m² according to the EPC inspection conducted in November 2012. This puts it in the smallest 20% of detached houses houses in Upper Soudley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Upper Soudley, and where THE WISHING WELL lies on this distribution: 15% of detached houses houses are smaller than THE WISHING WELL, and 85% of houses are larger. Note that EPC data is not available for all properties in Upper Soudley.

THE WISHING WELL: Plot and Title Map

THE WISHING WELL sits on a plot of roughly 0.128 of an acre, or 516m². The below map shows the location of THE WISHING 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 WISHING 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 WISHING WELL?

THE WISHING WELL is located in UPPER SOUDLEY, in the GL14 postcode district. The below map shows the position of THE WISHING WELL in UPPER SOUDLEY.