Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
1 ELM DRIVE is a very large extended detached house of 204m², built sometime before 1900. It was last sold for £510,000 in August 2020, which was around 55% above the average August 2020 detached price in the Forest of Dean local authority area. The most recent EPC inspection was September 2017, where the current energy rating was F, and the potential energy rating was D.
Land registry data shows two sales for 1 ELM DRIVE since 1st 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 1 ELM DRIVE sales were for above 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 21 AUG | £510,000 | £328,229 | 55% above HPI |
2008 18 JUL | £465,000 | £262,160 | 77% above HPI |
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 1 ELM DRIVE sales from July 2008 and August 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 July 2008 sale was for 77% above the HPI. So the extrapolation line tracks at 77% above the HPI over time, until the August 2020 sale, where it falls to 55% above the HPI. The line then continues to track at 55% above the HPI.
1 ELM DRIVE is 204m², which includes two extensions, according to the EPC inspection conducted in September 2017. This puts it in the largest 20% of detached houses in Tibberton, based on EPC data. The below chart shows the distribution of detached houses by size in Tibberton, and where 1 ELM DRIVE lies on this distribution: 88% of detached houses are smaller than 1 ELM DRIVE, and 12% of houses are larger. Note that EPC data is not available for all properties in Tibberton.
1 ELM DRIVE sits on a plot of roughly 0.189 of an acre, or 765m². The below map shows the location of 1 ELM DRIVE, 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 1 ELM DRIVE). 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.
1 ELM DRIVE is located in TIBBERTON, in the GL19 postcode district. The below map shows the position of No. 1 on ELM DRIVE.