1, OAKLEY WAY, BREAM, LYDNEY, GL15 6HQ - £227,000

1 OAKLEY WAY is a very small detached house of 83m², built sometime between 1967 and 1975. It was last sold for £227,000 in May 2019, which was around 27% below the average May 2019 detached price in the Forest of Dean local authority area. The most recent EPC inspection was November 2016, where the current energy rating was E, and the potential energy rating was C.

1 OAKLEY WAY Sold Prices

Land registry data shows four sales for 1 OAKLEY WAY 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 1 OAKLEY WAY 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
2019 29 MAY	£227,000	£311,333	27% below HPI
2014 22 DEC	£190,000	£248,782	24% below HPI
2010 23 JUL	£95,000	£239,281	60% below HPI
2004 18 JUN	£152,500	£208,209	27% below HPI

1 OAKLEY WAY 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 1 OAKLEY WAY sales between June 2004 and May 2019 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 2014 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the May 2019 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 1 OAKLEY WAY?

1 OAKLEY WAY is 83m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 20% of detached houses in Bream, based on EPC data. The below chart shows the distribution of detached houses by size in Bream, and where 1 OAKLEY WAY lies on this distribution: 20% of detached houses are smaller than 1 OAKLEY WAY, and 76% of houses are larger. Note that EPC data is not available for all properties in Bream.

1 OAKLEY WAY: Plot and Title Map

1 OAKLEY WAY sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 1 OAKLEY WAY, 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 OAKLEY WAY). 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 OAKLEY WAY?

1 OAKLEY WAY is located in BREAM, in the GL15 postcode district. The below map shows the position of No. 1 on OAKLEY WAY.