BANKSIDE, LOWER ROAD, SOUDLEY, CINDERFORD, GL14 2TZ - £180,000

BANKSIDE is a very small detached house of 45m², built sometime between 1983 and 1990. It was last sold for £180,000 in January 2019, which was around 42% below the average January 2019 detached price in the Forest of Dean local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

BANKSIDE Sold Prices

Land registry data shows three sales for BANKSIDE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Forest of Dean local authority area for the corresponding sale date. All of the three BANKSIDE 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 11 JAN	£180,000	£312,934	42% below HPI
2015 17 JUL	£165,000	£241,206	32% below HPI
1998 9 JUL	£54,000	£90,266	40% below HPI

BANKSIDE 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 three BANKSIDE sales between July 1998 and January 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 July 2015 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the January 2019 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is BANKSIDE?

BANKSIDE is 45m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 10% of detached houses in Upper Soudley, based on EPC data. The below chart shows the distribution of detached houses by size in Upper Soudley, and where BANKSIDE lies on this distribution: Less than 1% of detached houses are smaller than BANKSIDE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Upper Soudley.

BANKSIDE: Plot and Title Map

BANKSIDE sits on a plot of roughly 0.097 of an acre, or 394m². The below map shows the location of BANKSIDE, 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 BANKSIDE). 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 BANKSIDE?

BANKSIDE is located on LOWER ROAD in SOUDLEY, in the GL14 postcode district. The below map shows the position of BANKSIDE on LOWER ROAD.