CHERRY CROFT, SPRINGFIELD ROAD, LYDNEY, GL15 5LT - £265,000

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.

CHERRY CROFT is a detached house, which could now be worth an estimated £425,606. It was last sold for £265,000 in May 2007, which was around 8% above the average May 2007 detached price in the Forest of Dean local authority area.

CHERRY CROFT Sold Prices

Land registry data shows one sale for CHERRY CROFT since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Forest of Dean local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2007 3 MAY	£265,000	£245,530	8% above HPI

What might CHERRY CROFT be worth now?

CHERRY CROFT might now be worth an estimated £425,606.

This is based on house price inflation of 60.6%, between May 2007 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 60.6% inflationary increase is applied to the most recent sale price for CHERRY CROFT of £265,000 on 3rd May 2007. For the value to have increased from £265,000 to £425,606 over the nineteen years to May 2026, the following assumptions must hold true:

• The value of CHERRY CROFT has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The May 2007 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of CHERRY CROFT has not materially changed since May 2007.

Where is CHERRY CROFT?

CHERRY CROFT is located on SPRINGFIELD ROAD in LYDNEY, in the GL15 postcode district.