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
2 BROOMHILL COTTAGE is a large extended detached house of 129m², built sometime before 1900. It was last sold for £450,000 in May 2023, which was around 17% above the average May 2023 detached price in the Forest of Dean local authority area. The most recent EPC inspection was December 2017, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows five sales for 2 BROOMHILL COTTAGE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Forest of Dean local authority area for the corresponding sale date. The five 2 BROOMHILL COTTAGE sales were a mix of above the average price, and roughly equal to 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 |
---|---|---|---|
2023 2 MAY | £450,000 | £383,855 | 17% above HPI |
2018 2 MAY | £325,000 | £295,235 | 10% above HPI |
2014 19 DEC | £248,000 | £248,782 | Close to HPI |
2002 28 MAR | £197,500 | £129,177 | 53% above HPI |
1999 16 JUL | £127,000 | £100,884 | 26% above HPI |
The below graph shows the average detached house price in the Forest of Dean local authority area over time, sourced from the HPI. The five 2 BROOMHILL COTTAGE sales between July 1999 and May 2023 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 May 2018 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the May 2023 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.
2 BROOMHILL COTTAGE is 129m², which includes one extension, according to the EPC inspection conducted in December 2017. This puts it in the largest 30% of detached houses in Huntley, based on EPC data. The below chart shows the distribution of detached houses by size in Huntley, and where 2 BROOMHILL COTTAGE lies on this distribution: 74% of detached houses are smaller than 2 BROOMHILL COTTAGE, and 25% of houses are larger. Note that EPC data is not available for all properties in Huntley.
2 BROOMHILL COTTAGE sits on a plot of roughly 0.118 of an acre, or 476m². The below map shows the location of 2 BROOMHILL COTTAGE, 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 2 BROOMHILL COTTAGE). 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.
2 BROOMHILL COTTAGE is located on BROOM HILL in HUNTLEY, in the GL19 postcode district. The below map shows the position of 2 BROOMHILL COTTAGE on BROOM HILL.