VERLIE, HEWLETT WAY, RUSPIDGE, CINDERFORD, GL14 3AJ - £220,500

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.

VERLIE is a very small detached house of 82m², built sometime between 1967 and 1975, which could now be worth an estimated £313,631. It was last sold for £220,500 in September 2016, which was around 21% below the average September 2016 detached price in the Forest of Dean local authority area. The most recent EPC inspection was May 2016, where the current energy rating was C, and the potential energy rating was B.

VERLIE Sold Prices

Land registry data shows four sales for VERLIE 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. All of the four VERLIE 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
2016 22 SEP	£220,500	£278,158	21% below HPI
2007 30 MAR	£230,000	£243,801	6% below HPI
2006 9 AUG	£228,000	£242,917	6% below HPI
2001 9 JUL	£95,000	£122,536	22% below HPI

VERLIE 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 VERLIE sales between July 2001 and September 2016 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 March 2007 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the September 2016 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might VERLIE be worth now?

VERLIE might now be worth an estimated £313,631.

This is based on house price inflation of 42.2%, between September 2016 and June 2025, 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 42.2% inflationary increase is applied to the most recent sale price for VERLIE of £220,500 on 22nd September 2016. For the value to have increased from £220,500 to £313,631 over the nine years and three months to June 2025, the following assumptions must hold true:

• The value of VERLIE has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The September 2016 sale price of £220,500 represented a fair market value for the property.
• The size, condition, and specification of VERLIE has not materially changed since September 2016.

How Large is VERLIE?

VERLIE is 82m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 20% of detached houses houses in Ruspidge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ruspidge, and where VERLIE lies on this distribution: 19% of detached houses houses are smaller than VERLIE, and 81% of houses are larger. Note that EPC data is not available for all properties in Ruspidge.

VERLIE: Plot and Title Map

VERLIE sits on a plot of roughly 0.134 of an acre, or 542m². The below map shows the location of VERLIE, 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 VERLIE). 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 VERLIE?

VERLIE is located on HEWLETT WAY in RUSPIDGE, in the GL14 postcode district. The below map shows the position of VERLIE on HEWLETT WAY.