17, PARRAGATE, CINDERFORD, GL14 2LR - £175,500

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.

17 PARRAGATE is a small extended semi-detached house of 79m², built sometime between 1967 and 1975, which could now be worth an estimated £225,294. It was last sold for £175,500 in August 2018, which was around 12% below the average August 2018 semi-detached price in the Forest of Dean local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was B.

17 PARRAGATE Sold Prices

Land registry data shows two sales for 17 PARRAGATE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Forest of Dean local authority area for the corresponding sale date. One of the two 17 PARRAGATE 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
2018 17 AUG	£175,500	£200,354	12% below HPI
1996 26 JUL	£51,950	£46,118	13% above HPI

17 PARRAGATE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Forest of Dean local authority area over time, sourced from the HPI. The two 17 PARRAGATE sales from July 1996 and August 2018 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 July 1996 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the August 2018 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 17 PARRAGATE be worth now?

17 PARRAGATE might now be worth an estimated £225,294.

This is based on house price inflation of 28.4%, between August 2018 and May 2026, for semi-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 28.4% inflationary increase is applied to the most recent sale price for 17 PARRAGATE of £175,500 on 17th August 2018. For the value to have increased from £175,500 to £225,294 over the eight years and three months to May 2026, the following assumptions must hold true:

• The value of 17 PARRAGATE has moved in line with the HPI for semi-detached houses in the Forest of Dean local authority area.
• The August 2018 sale price of £175,500 represented a fair market value for the property.
• The size, condition, and specification of 17 PARRAGATE has not materially changed since August 2018.

How Large is 17 PARRAGATE?

17 PARRAGATE is 79m², which includes one extension, according to the EPC inspection conducted in August 2017. This puts it in the smallest 30% of semi-detached houses houses in Cinderford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Cinderford, and where 17 PARRAGATE lies on this distribution: 23% of semi-detached houses houses are smaller than 17 PARRAGATE, and 75% of houses are larger. Note that EPC data is not available for all properties in Cinderford.

17 PARRAGATE: Plot and Title Map

17 PARRAGATE sits on a plot of roughly 0.148 of an acre, or 597m². The below map shows the location of 17 PARRAGATE, 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 17 PARRAGATE). 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 17 PARRAGATE?

17 PARRAGATE is located in CINDERFORD, in the GL14 postcode district. The below map shows the position of No. 17 on PARRAGATE.