48, NEWLAND STREET, COLEFORD, GL16 8AL - £173,000

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.

48 NEWLAND STREET is a very small terraced house of 57m², built sometime between 1983 and 1990, which could now be worth an estimated £173,060. It was last sold for £173,000 in October 2022, which was around 20% below the average October 2022 terraced price in the Forest of Dean local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

48 NEWLAND STREET Sold Prices

Land registry data shows three sales for 48 NEWLAND STREET since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Forest of Dean local authority area for the corresponding sale date. All of the three 48 NEWLAND STREET 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
2022 31 OCT	£173,000	£216,941	20% below HPI
2003 11 APR	£80,000	£83,356	4% below HPI
1999 23 APR	£40,000	£44,196	9% below HPI

48 NEWLAND STREET Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Forest of Dean local authority area over time, sourced from the HPI. The three 48 NEWLAND STREET sales between April 1999 and October 2022 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 2003 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the October 2022 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 48 NEWLAND STREET be worth now?

48 NEWLAND STREET might now be worth an estimated £173,060.

This is based on house price inflation of 0%, between October 2022 and June 2025, for terraced 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 0% inflationary increase is applied to the most recent sale price for 48 NEWLAND STREET of £173,000 on 31st October 2022. For the value to have increased from £173,000 to £173,060 over the three years and four months to June 2025, the following assumptions must hold true:

• The value of 48 NEWLAND STREET has moved in line with the HPI for terraced houses in the Forest of Dean local authority area.
• The October 2022 sale price of £173,000 represented a fair market value for the property.
• The size, condition, and specification of 48 NEWLAND STREET has not materially changed since October 2022.

How Large is 48 NEWLAND STREET?

48 NEWLAND STREET is 57m² according to the EPC inspection conducted in August 2022. This puts it in the smallest 10% of terraced houses houses in Coleford, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Coleford, and where 48 NEWLAND STREET lies on this distribution: 5% of terraced houses houses are smaller than 48 NEWLAND STREET, and 95% of houses are larger. Note that EPC data is not available for all properties in Coleford.

48 NEWLAND STREET: Plot and Title Map

48 NEWLAND STREET sits on a plot of roughly 0.023 of an acre, or 93m². The below map shows the location of 48 NEWLAND STREET, 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 48 NEWLAND STREET). 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 48 NEWLAND STREET?

48 NEWLAND STREET is located in COLEFORD, in the GL16 postcode district. The below map shows the position of No. 48 on NEWLAND STREET.