2, GROVE ROAD, LYDNEY, GL15 5JE - £385,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 GROVE ROAD is a very large detached house of 176m², built sometime between 1900 and 1929. It was last sold for £385,000 in February 2021, which was around 12% above the average February 2021 detached price in the Forest of Dean local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was C.

2 GROVE ROAD Sold Prices

Land registry data shows four sales for 2 GROVE ROAD 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. Most of the four 2 GROVE ROAD sales were for above 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 17 FEB	£385,000	£345,097	12% above HPI
2016 30 JUN	£290,000	£258,557	12% above HPI
2011 12 AUG	£235,000	£232,887	1% above HPI
1995 22 SEP	£70,000	£72,285	3% below HPI

2 GROVE 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 four 2 GROVE ROAD sales between September 1995 and February 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 June 2016 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the February 2021 sale, which was also at 12% above the HPI.

How Large is 2 GROVE ROAD?

2 GROVE ROAD is 176m² according to the EPC inspection conducted in May 2015. This puts it in the largest 10% of detached houses in Lydney, based on EPC data. The below chart shows the distribution of detached houses by size in Lydney, and where 2 GROVE ROAD lies on this distribution: 96% of detached houses are smaller than 2 GROVE ROAD, and 4% of houses are larger. Note that EPC data is not available for all properties in Lydney.

2 GROVE ROAD: Plot and Title Map

2 GROVE ROAD sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 2 GROVE 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 2 GROVE 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 2 GROVE ROAD?

2 GROVE ROAD is located in LYDNEY, in the GL15 postcode district. The below map shows the position of No. 2 on GROVE ROAD.