18, PIKE ROAD, COLEFORD, GL16 8DE - £242,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

18 PIKE ROAD is a midsized extended detached house of 126m², built sometime between 1991 and 1995. It was last sold for £242,500 in August 2019, which was around 24% below the average August 2019 detached price in the Forest of Dean local authority area. The most recent EPC inspection was November 2023, where the current energy rating was E, and the potential energy rating was C.

18 PIKE ROAD Sold Prices

Land registry data shows two sales for 18 PIKE ROAD since 1^st 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 18 PIKE ROAD 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 30 AUG	£242,500	£319,280	24% below HPI
1995 23 JUN	£67,000	£73,426	9% below HPI

18 PIKE ROAD 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 two 18 PIKE ROAD sales from June 1995 and August 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 June 1995 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the August 2019 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 18 PIKE ROAD?

18 PIKE ROAD is 126m², which includes two extensions, according to the EPC inspection conducted in November 2023. This puts it in the largest 40% of detached houses in Coleford, based on EPC data. The below chart shows the distribution of detached houses by size in Coleford, and where 18 PIKE ROAD lies on this distribution: 59% of detached houses are smaller than 18 PIKE ROAD, and 40% of houses are larger. Note that EPC data is not available for all properties in Coleford.

18 PIKE ROAD: Plot and Title Map

18 PIKE ROAD sits on a plot of roughly 0.084 of an acre, or 342m². The below map shows the location of 18 PIKE ROAD, 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 18 PIKE ROAD). 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 18 PIKE ROAD?

18 PIKE ROAD is located in COLEFORD, in the GL16 postcode district. The below map shows the position of No. 18 on PIKE ROAD.