11, OAKLEY WAY, BREAM, LYDNEY, GL15 6HQ - £175,000

11 OAKLEY WAY is a small extended detached house of 88m², built sometime between 1991 and 1995. It was last sold for £175,000 in June 2011, which was around 23% below the average June 2011 detached price in the Forest of Dean local authority area. The most recent EPC inspection was February 2019, where the current energy rating was C, and the potential energy rating was B.

11 OAKLEY WAY Sold Prices

Land registry data shows three sales for 11 OAKLEY WAY 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 11 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
2011 13 JUN	£175,000	£227,468	23% below HPI
2002 12 APR	£111,000	£133,527	17% below HPI
1997 14 FEB	£59,750	£79,892	25% below HPI

11 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 three 11 OAKLEY WAY sales between February 1997 and June 2011 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 April 2002 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the June 2011 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 11 OAKLEY WAY?

11 OAKLEY WAY is 88m², which includes two extensions, according to the EPC inspection conducted in February 2019. This puts it in the smallest 30% of detached houses in Bream, based on EPC data. The below chart shows the distribution of detached houses by size in Bream, and where 11 OAKLEY WAY lies on this distribution: 30% of detached houses are smaller than 11 OAKLEY WAY, and 70% of houses are larger. Note that EPC data is not available for all properties in Bream.

11 OAKLEY WAY: Plot and Title Map

11 OAKLEY WAY sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 11 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 11 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 11 OAKLEY WAY?

11 OAKLEY WAY is located in BREAM, in the GL15 postcode district. The below map shows the position of No. 11 on OAKLEY WAY.