9, CRADDOCK ROAD, NEWENT, GL18 1RA - £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.

9 CRADDOCK ROAD is a midsized extended detached house of 118m², built sometime between 1967 and 1975, which could now be worth an estimated £409,174. It was last sold for £295,000 in November 2017, which was around 4% above the average November 2017 detached price in the Forest of Dean local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

9 CRADDOCK ROAD Sold Prices

Land registry data shows four sales for 9 CRADDOCK ROAD 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. Most of the four 9 CRADDOCK ROAD sales were 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
2017 16 NOV	£295,000	£284,302	4% above HPI
2015 13 AUG	£245,000	£241,961	1% above HPI
2011 5 AUG	£220,000	£231,545	5% below HPI
1995 19 SEP	£88,500	£71,869	23% above HPI

9 CRADDOCK 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 four 9 CRADDOCK ROAD sales between September 1995 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 August 2015 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the November 2017 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 9 CRADDOCK ROAD be worth now?

9 CRADDOCK ROAD might now be worth an estimated £409,174.

This is based on house price inflation of 38.7%, between November 2017 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 38.7% inflationary increase is applied to the most recent sale price for 9 CRADDOCK ROAD of £295,000 on 16th November 2017. For the value to have increased from £295,000 to £409,174 over the nine years and six months to May 2026, the following assumptions must hold true:

• The value of 9 CRADDOCK ROAD has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The November 2017 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 9 CRADDOCK ROAD has not materially changed since November 2017.

How Large is 9 CRADDOCK ROAD?

9 CRADDOCK ROAD is 118m², which includes one extension, according to the EPC inspection conducted in January 2014. This puts it in the largest 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 9 CRADDOCK ROAD lies on this distribution: 49% of detached houses houses are smaller than 9 CRADDOCK ROAD, and 50% of houses are larger. Note that EPC data is not available for all properties in Newent.

9 CRADDOCK ROAD: Plot and Title Map

9 CRADDOCK ROAD sits on a plot of roughly 0.110 of an acre, or 447m². The below map shows the location of 9 CRADDOCK 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 9 CRADDOCK 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 9 CRADDOCK ROAD?

9 CRADDOCK ROAD is located in NEWENT, in the GL18 postcode district. The below map shows the position of No. 9 on CRADDOCK ROAD.