1, LANCASTER DRIVE, LYDNEY, GL15 5SN - £159,000

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 LANCASTER DRIVE is a very small detached house of 48m², built sometime between 1967 and 1975. It was last sold for £159,000 in December 2014, which was around 36% below the average December 2014 detached price in the Forest of Dean local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.

1 LANCASTER DRIVE Sold Prices

Land registry data shows three sales for 1 LANCASTER DRIVE 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. All of the three 1 LANCASTER DRIVE 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
2014 5 DEC	£159,000	£248,782	36% below HPI
2005 12 AUG	£148,500	£226,612	34% below HPI
2002 13 MAR	£82,900	£129,177	36% below HPI

1 LANCASTER DRIVE 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 1 LANCASTER DRIVE sales between March 2002 and December 2014 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 August 2005 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the December 2014 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 1 LANCASTER DRIVE?

1 LANCASTER DRIVE is 48m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 10% of detached houses in Lydney, based on EPC data. The below chart shows the distribution of detached houses by size in Lydney, and where 1 LANCASTER DRIVE lies on this distribution: Less than 1% of detached houses are smaller than 1 LANCASTER DRIVE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Lydney.

1 LANCASTER DRIVE: Plot and Title Map

1 LANCASTER DRIVE sits on a plot of roughly 0.117 of an acre, or 473m². The below map shows the location of 1 LANCASTER 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 LANCASTER 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.

Where is 1 LANCASTER DRIVE?

1 LANCASTER DRIVE is located in LYDNEY, in the GL15 postcode district. The below map shows the position of No. 1 on LANCASTER DRIVE.