PENROSE, VICTORIA STREET, CINDERFORD, GL14 2EU - £250,000

PENROSE is a small detached house of 79m², built sometime between 1950 and 1966. It was last sold for £250,000 in April 2022, which was around 33% below the average April 2022 detached price in the Forest of Dean local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was B.

PENROSE Sold Prices

Land registry data shows two sales for PENROSE 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 PENROSE 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 13 APR	£250,000	£371,953	33% below HPI
2020 9 OCT	£220,000	£331,459	34% below HPI

PENROSE 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 PENROSE sales from October 2020 and April 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 October 2020 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the April 2022 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is PENROSE?

PENROSE is 79m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 30% of detached houses in Cinderford, based on EPC data. The below chart shows the distribution of detached houses by size in Cinderford, and where PENROSE lies on this distribution: 22% of detached houses are smaller than PENROSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Cinderford.

PENROSE: Plot and Title Map

PENROSE sits on a plot of roughly 0.221 of an acre, or 896m². The below map shows the location of PENROSE, 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 PENROSE). 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 PENROSE?

PENROSE is located on VICTORIA STREET in CINDERFORD, in the GL14 postcode district. The below map shows the position of PENROSE on VICTORIA STREET.