UNION COTTAGE, HIGH STREET, NEWNHAM, GL14 1BW - £410,000

UNION COTTAGE is a midsized detached house of 130m², built sometime before 1900. It was last sold for £410,000 in January 2020, which was around 28% above the average January 2020 detached price in the Forest of Dean local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was D.

UNION COTTAGE Sold Prices

Land registry data shows three sales for UNION COTTAGE 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. Two of the three UNION COTTAGE sales were for above the average price, whilst one was 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
2020 16 JAN	£410,000	£319,184	28% above HPI
2015 23 DEC	£260,000	£264,762	2% below HPI
2007 5 JAN	£340,000	£250,585	36% above HPI

UNION COTTAGE 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 UNION COTTAGE sales between January 2007 and January 2020 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 December 2015 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the January 2020 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is UNION COTTAGE?

UNION COTTAGE is 130m² according to the EPC inspection conducted in July 2011. This puts it in the largest 50% of detached houses in Newnham, based on EPC data. The below chart shows the distribution of detached houses by size in Newnham, and where UNION COTTAGE lies on this distribution: 50% of detached houses are smaller than UNION COTTAGE, and 50% of houses are larger. Note that EPC data is not available for all properties in Newnham.

UNION COTTAGE: Plot and Title Map

UNION COTTAGE sits on a plot of roughly 0.103 of an acre, or 418m². The below map shows the location of UNION COTTAGE, 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 UNION COTTAGE). 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 UNION COTTAGE?

UNION COTTAGE is located on HIGH STREET in NEWNHAM, in the GL14 postcode district. The below map shows the position of UNION COTTAGE on HIGH STREET.