5, WEST VIEW, CINDERFORD, GL14 2EP - £248,000

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.

5 WEST VIEW is a small extended detached house of 87m², built sometime between 1983 and 1990, which could now be worth an estimated £288,885. It was last sold for £248,000 in May 2021, which was around 27% below the average May 2021 detached price in the Forest of Dean local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.

5 WEST VIEW Sold Prices

Land registry data shows four sales for 5 WEST VIEW 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. All of the four 5 WEST VIEW 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
2021 12 MAY	£248,000	£338,527	27% below HPI
2019 8 MAR	£207,000	£311,085	33% below HPI
2001 24 AUG	£97,000	£131,999	27% below HPI
1996 17 MAY	£59,995	£72,521	17% below HPI

5 WEST VIEW 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 5 WEST VIEW sales between May 1996 and May 2021 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 March 2019 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the May 2021 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 5 WEST VIEW be worth now?

5 WEST VIEW might now be worth an estimated £288,885.

This is based on house price inflation of 16.5%, between May 2021 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 16.5% inflationary increase is applied to the most recent sale price for 5 WEST VIEW of £248,000 on 12th May 2021. For the value to have increased from £248,000 to £288,885 over the five years to May 2026, the following assumptions must hold true:

• The value of 5 WEST VIEW has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The May 2021 sale price of £248,000 represented a fair market value for the property.
• The size, condition, and specification of 5 WEST VIEW has not materially changed since May 2021.

How Large is 5 WEST VIEW?

5 WEST VIEW is 87m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the smallest 40% of detached houses houses in Cinderford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cinderford, and where 5 WEST VIEW lies on this distribution: 38% of detached houses houses are smaller than 5 WEST VIEW, and 61% of houses are larger. Note that EPC data is not available for all properties in Cinderford.

5 WEST VIEW: Plot and Title Map

5 WEST VIEW sits on a plot of roughly 0.095 of an acre, or 385m². The below map shows the location of 5 WEST VIEW, 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 5 WEST VIEW). 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 5 WEST VIEW?

5 WEST VIEW is located in CINDERFORD, in the GL14 postcode district. The below map shows the position of No. 5 on WEST VIEW.