WESTLANDS, CULVER STREET, NEWENT, GL18 1JA - £340,000

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

WESTLANDS is a large extended detached house of 127m², built sometime between 1950 and 1966. It was last sold for £340,000 in April 2009, which was around 63% above the average April 2009 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.

WESTLANDS Sold Prices

Land registry data shows three sales for WESTLANDS 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 WESTLANDS 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
2009 17 APR	£340,000	£207,965	63% above HPI
2006 31 JAN	£400,000	£224,840	78% above HPI
2002 14 AUG	£245,000	£153,389	60% above HPI

WESTLANDS 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 WESTLANDS sales between August 2002 and April 2009 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 January 2006 sale was for 78% above the HPI. So the extrapolation line tracks at 78% above the HPI over time, until the April 2009 sale, where it falls to 63% above the HPI. The line then continues to track at 63% above the HPI.

How Large is WESTLANDS?

WESTLANDS is 127m², which includes two extensions, according to the EPC inspection conducted in February 2016. This puts it in the largest 40% of detached houses in Newent, based on EPC data. The below chart shows the distribution of detached houses by size in Newent, and where WESTLANDS lies on this distribution: 62% of detached houses are smaller than WESTLANDS, and 37% of houses are larger. Note that EPC data is not available for all properties in Newent.

WESTLANDS: Plot and Title Map

WESTLANDS sits on a plot of roughly 0.419 of an acre, or 1,697m². The below map shows the location of WESTLANDS, 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 WESTLANDS). 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 WESTLANDS?

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