2, HAZELDENE, PARKEND, LYDNEY, GL15 4JD - £283,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 HAZELDENE is a very small extended detached house of 46m², built sometime between 1900 and 1929, which could now be worth an estimated £469,682. It was last sold for £283,000 in November 2006, which was around 16% above the average November 2006 detached price in the Forest of Dean local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was B.

2 HAZELDENE Sold Prices

Land registry data shows two sales for 2 HAZELDENE 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 2 HAZELDENE 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
2006 6 NOV	£283,000	£244,048	16% above HPI
1996 6 DEC	£94,000	£78,790	19% above HPI

2 HAZELDENE 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 2 HAZELDENE sales from December 1996 and November 2006 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 December 1996 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the November 2006 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 2 HAZELDENE be worth now?

2 HAZELDENE might now be worth an estimated £469,682.

This is based on house price inflation of 66%, between November 2006 and February 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 66% inflationary increase is applied to the most recent sale price for 2 HAZELDENE of £283,000 on 6th November 2006. For the value to have increased from £283,000 to £469,682 over the nineteen years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 HAZELDENE has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The November 2006 sale price of £283,000 represented a fair market value for the property.
• The size, condition, and specification of 2 HAZELDENE has not materially changed since November 2006.

How Large is 2 HAZELDENE?

2 HAZELDENE is 46m², which includes one extension, according to the EPC inspection conducted in June 2017. This puts it in the smallest 10% of detached houses houses in Parkend, based on EPC data. The below chart shows the distribution of detached houses houses by size in Parkend, and where 2 HAZELDENE lies on this distribution: Less than 1% of detached houses houses are smaller than 2 HAZELDENE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Parkend.

2 HAZELDENE: Plot and Title Map

2 HAZELDENE sits on a plot of roughly 0.137 of an acre, or 555m². The below map shows the location of 2 HAZELDENE, 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 HAZELDENE). 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 HAZELDENE?

2 HAZELDENE is located in PARKEND, in the GL15 postcode district. The below map shows the position of 2 HAZELDENE in PARKEND.