10, CRADDOCK ROAD, NEWENT, GL18 1RA - £305,000

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.

10 CRADDOCK ROAD is a very small detached house of 73m², built sometime between 1967 and 1975, which could now be worth an estimated £386,565. It was last sold for £305,000 in January 2019, which was around 2% below the average January 2019 detached price in the Forest of Dean local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was C.

10 CRADDOCK ROAD Sold Prices

Land registry data shows four sales for 10 CRADDOCK ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Forest of Dean local authority area for the corresponding sale date. two of the four 10 CRADDOCK ROAD sales were for below the average price, and four 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
2019 24 JAN	£305,000	£311,131	2% below HPI
2017 16 NOV	£291,000	£284,302	2% above HPI
2015 13 AUG	£205,000	£241,961	15% below HPI
2002 15 NOV	£165,000	£157,978	4% above HPI

10 CRADDOCK ROAD 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 four 10 CRADDOCK ROAD sales between November 2002 and January 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 November 2017 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the January 2019 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 10 CRADDOCK ROAD be worth now?

10 CRADDOCK ROAD might now be worth an estimated £386,565.

This is based on house price inflation of 26.7%, between January 2019 and May 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 26.7% inflationary increase is applied to the most recent sale price for 10 CRADDOCK ROAD of £305,000 on 24th January 2019. For the value to have increased from £305,000 to £386,565 over the six years and eight months to May 2026, the following assumptions must hold true:

• The value of 10 CRADDOCK ROAD has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The January 2019 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 10 CRADDOCK ROAD has not materially changed since January 2019.

How Large is 10 CRADDOCK ROAD?

10 CRADDOCK ROAD is 73m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 10% of detached houses houses in Newent, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newent, and where 10 CRADDOCK ROAD lies on this distribution: 9% of detached houses houses are smaller than 10 CRADDOCK ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Newent.

10 CRADDOCK ROAD: Plot and Title Map

10 CRADDOCK ROAD sits on a plot of roughly 0.102 of an acre, or 414m². The below map shows the location of 10 CRADDOCK ROAD, 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 10 CRADDOCK ROAD). 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 10 CRADDOCK ROAD?

10 CRADDOCK ROAD is located in NEWENT, in the GL18 postcode district. The below map shows the position of No. 10 on CRADDOCK ROAD.