1, WESTERLEY CLOSE, CINDERFORD, GL14 3EB - £238,500

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.

1 WESTERLEY CLOSE is a midsized detached house of 90m², built sometime between 1976 and 1982, which could now be worth an estimated £336,088. It was last sold for £238,500 in March 2017, which was around 15% below the average March 2017 detached price in the Forest of Dean local authority area. The most recent EPC inspection was August 2016, where the current energy rating was C, and the potential energy rating was B.

1 WESTERLEY CLOSE Sold Prices

Land registry data shows two sales for 1 WESTERLEY CLOSE 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. Both of the two 1 WESTERLEY CLOSE 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
2017 6 MAR	£238,500	£279,898	15% below HPI
2012 5 APR	£181,000	£230,367	21% below HPI

1 WESTERLEY CLOSE 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 1 WESTERLEY CLOSE sales from April 2012 and March 2017 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 April 2012 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the March 2017 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 1 WESTERLEY CLOSE be worth now?

1 WESTERLEY CLOSE might now be worth an estimated £336,088.

This is based on house price inflation of 40.9%, between March 2017 and April 2026, 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 40.9% inflationary increase is applied to the most recent sale price for 1 WESTERLEY CLOSE of £238,500 on 6th March 2017. For the value to have increased from £238,500 to £336,088 over the eight years and eleven months to April 2026, the following assumptions must hold true:

• The value of 1 WESTERLEY CLOSE has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The March 2017 sale price of £238,500 represented a fair market value for the property.
• The size, condition, and specification of 1 WESTERLEY CLOSE has not materially changed since March 2017.

How Large is 1 WESTERLEY CLOSE?

1 WESTERLEY CLOSE is 90m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 50% 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 1 WESTERLEY CLOSE lies on this distribution: 40% of detached houses houses are smaller than 1 WESTERLEY CLOSE, and 59% of houses are larger. Note that EPC data is not available for all properties in Cinderford.

1 WESTERLEY CLOSE: Plot and Title Map

1 WESTERLEY CLOSE sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of 1 WESTERLEY CLOSE, 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 1 WESTERLEY CLOSE). 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 1 WESTERLEY CLOSE?

1 WESTERLEY CLOSE is located in CINDERFORD, in the GL14 postcode district. The below map shows the position of No. 1 on WESTERLEY CLOSE.