16, MINERVA WALK, LYDNEY, GL15 5NT - £292,500

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.

16 MINERVA WALK is a small extended detached house of 91m², built sometime between 1991 and 1995, which could now be worth an estimated £334,830. It was last sold for £292,500 in December 2021, which was around 17% below the average December 2021 detached price in the Forest of Dean local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.

16 MINERVA WALK Sold Prices

Land registry data shows six sales for 16 MINERVA WALK since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Forest of Dean local authority area for the corresponding sale date. Most of the six 16 MINERVA WALK 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
2021 10 DEC	£292,500	£353,747	17% below HPI
2017 7 APR	£227,000	£276,989	18% below HPI
2013 17 SEP	£172,000	£230,734	25% below HPI
2002 25 JAN	£118,750	£130,270	9% below HPI
1999 25 MAR	£75,000	£87,650	14% below HPI
1995 10 AUG	£79,995	£71,628	12% above HPI

16 MINERVA WALK 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 six 16 MINERVA WALK sales between August 1995 and December 2021 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 2017 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the December 2021 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 16 MINERVA WALK be worth now?

16 MINERVA WALK might now be worth an estimated £334,830.

This is based on house price inflation of 14.5%, between December 2021 and March 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 14.5% inflationary increase is applied to the most recent sale price for 16 MINERVA WALK of £292,500 on 10th December 2021. For the value to have increased from £292,500 to £334,830 over the four years and nine months to March 2025, the following assumptions must hold true:

• The value of 16 MINERVA WALK has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The December 2021 sale price of £292,500 represented a fair market value for the property.
• The size, condition, and specification of 16 MINERVA WALK has not materially changed since December 2021.

How Large is 16 MINERVA WALK?

16 MINERVA WALK is 91m², which includes two extensions, according to the EPC inspection conducted in July 2013. This puts it in the smallest 30% of detached houses houses in Lydney, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lydney, and where 16 MINERVA WALK lies on this distribution: 28% of detached houses houses are smaller than 16 MINERVA WALK, and 71% of houses are larger. Note that EPC data is not available for all properties in Lydney.

16 MINERVA WALK: Plot and Title Map

16 MINERVA WALK sits on a plot of roughly 0.101 of an acre, or 410m². The below map shows the location of 16 MINERVA WALK, 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 16 MINERVA WALK). 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 16 MINERVA WALK?

16 MINERVA WALK is located in LYDNEY, in the GL15 postcode district. The below map shows the position of No. 16 on MINERVA WALK.