2, FOREST RISE, CINDERFORD, GL14 2BX - £140,000

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.

2 FOREST RISE is a very small extended semi-detached house of 73m², built sometime between 1983 and 1990, which could now be worth an estimated £198,222. It was last sold for £140,000 in November 2017, which was around 23% below the average November 2017 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 C, and the potential energy rating was B.

2 FOREST RISE Sold Prices

Land registry data shows three sales for 2 FOREST RISE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Forest of Dean local authority area for the corresponding sale date. All of the three 2 FOREST RISE 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 24 NOV	£140,000	£181,655	23% below HPI
2004 3 DEC	£125,000	£139,710	11% below HPI
2002 29 NOV	£80,000	£96,080	17% below HPI

2 FOREST RISE 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 three 2 FOREST RISE sales between November 2002 and November 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 December 2004 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the November 2017 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 2 FOREST RISE be worth now?

2 FOREST RISE might now be worth an estimated £198,222.

This is based on house price inflation of 41.6%, between November 2017 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 41.6% inflationary increase is applied to the most recent sale price for 2 FOREST RISE of £140,000 on 24th November 2017. For the value to have increased from £140,000 to £198,222 over the nine years and six months to May 2026, the following assumptions must hold true:

• The value of 2 FOREST RISE has moved in line with the HPI for semi-detached houses in the Forest of Dean local authority area.
• The November 2017 sale price of £140,000 represented a fair market value for the property.
• The size, condition, and specification of 2 FOREST RISE has not materially changed since November 2017.

How Large is 2 FOREST RISE?

2 FOREST RISE is 73m², which includes one extension, according to the EPC inspection conducted in August 2017. This puts it in the smallest 20% 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 2 FOREST RISE lies on this distribution: 15% of semi-detached houses houses are smaller than 2 FOREST RISE, and 83% of houses are larger. Note that EPC data is not available for all properties in Cinderford.

2 FOREST RISE: Plot and Title Map

2 FOREST RISE sits on a plot of roughly 0.045 of an acre, or 182m². The below map shows the location of 2 FOREST RISE, 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 2 FOREST RISE). 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 2 FOREST RISE?

2 FOREST RISE is located in CINDERFORD, in the GL14 postcode district. The below map shows the position of No. 2 on FOREST RISE.