7, MANOR ROAD, NEWENT, GL18 1TH - £295,000

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.

7 MANOR ROAD is a midsized detached house of 113m², built in 2017, which could now be worth an estimated £370,448. It was last sold for £295,000 in June 2019, which was around 6% below the average June 2019 detached price in the Forest of Dean local authority area. The most recent EPC inspection was October 2017, where the current energy rating was B, and the potential energy rating was A.

7 MANOR ROAD Sold Prices

Land registry data shows two sales for 7 MANOR ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Forest of Dean local authority area for the corresponding sale date. Both of the two 7 MANOR ROAD 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
2019 21 JUN	£295,000	£314,023	6% below HPI
2017 30 OCT	£256,995	£279,797	8% below HPI

7 MANOR ROAD 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 two 7 MANOR ROAD sales from October 2017 and June 2019 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 October 2017 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the June 2019 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 7 MANOR ROAD be worth now?

7 MANOR ROAD might now be worth an estimated £370,448.

This is based on house price inflation of 25.6%, between June 2019 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 25.6% inflationary increase is applied to the most recent sale price for 7 MANOR ROAD of £295,000 on 21st June 2019. For the value to have increased from £295,000 to £370,448 over the seven years and one month to May 2026, the following assumptions must hold true:

• The value of 7 MANOR ROAD has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The June 2019 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 7 MANOR ROAD has not materially changed since June 2019.

How Large is 7 MANOR ROAD?

7 MANOR ROAD is 113m² according to the EPC inspection conducted in October 2017. This puts it in the smallest 50% of detached houses houses in Newent, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newent, and where 7 MANOR ROAD lies on this distribution: 42% of detached houses houses are smaller than 7 MANOR ROAD, and 54% of houses are larger. Note that EPC data is not available for all properties in Newent.

7 MANOR ROAD: Plot and Title Map

7 MANOR ROAD sits on a plot of roughly 7.5 acres, or 30,517m². The below map shows the location of 7 MANOR ROAD, 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 7 MANOR ROAD). 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 7 MANOR ROAD?

7 MANOR ROAD is located in NEWENT, in the GL18 postcode district. The below map shows the position of No. 7 on MANOR ROAD.