3, EASTERN WAY, CINDERFORD, GL14 3AF - £120,000

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.

3 EASTERN WAY is a very small semi-detached house of 77m², built sometime between 1967 and 1975, which could now be worth an estimated £213,601. It was last sold for £120,000 in August 2009, which was around 17% below the average August 2009 semi-detached price in the Forest of Dean local authority area. The most recent EPC inspection was December 2014, where the current energy rating was B, and the potential energy rating was A.

3 EASTERN WAY Sold Prices

Land registry data shows two sales for 3 EASTERN WAY 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 3 EASTERN WAY 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
2009 7 AUG	£120,000	£145,027	17% below HPI
1995 28 APR	£50,000	£43,835	14% above HPI

3 EASTERN WAY 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 3 EASTERN WAY sales from April 1995 and August 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 April 1995 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the August 2009 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 3 EASTERN WAY be worth now?

3 EASTERN WAY might now be worth an estimated £213,601.

This is based on house price inflation of 78%, between August 2009 and April 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 78% inflationary increase is applied to the most recent sale price for 3 EASTERN WAY of £120,000 on 7th August 2009. For the value to have increased from £120,000 to £213,601 over the seventeen years and four months to April 2026, the following assumptions must hold true:

• The value of 3 EASTERN WAY has moved in line with the HPI for semi-detached houses in the Forest of Dean local authority area.
• The August 2009 sale price of £120,000 represented a fair market value for the property.
• The size, condition, and specification of 3 EASTERN WAY has not materially changed since August 2009.

How Large is 3 EASTERN WAY?

3 EASTERN WAY is 77m² according to the EPC inspection conducted in December 2014. This puts it in the smallest 20% of semi-detached houses houses in Ruspidge, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Ruspidge, and where 3 EASTERN WAY lies on this distribution: 13% of semi-detached houses houses are smaller than 3 EASTERN WAY, and 86% of houses are larger. Note that EPC data is not available for all properties in Ruspidge.

3 EASTERN WAY: Plot and Title Map

3 EASTERN WAY sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 3 EASTERN WAY, 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 3 EASTERN WAY). 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 3 EASTERN WAY?

3 EASTERN WAY is located in CINDERFORD, in the GL14 postcode district. The below map shows the position of No. 3 on EASTERN WAY.