2, NERO CLOSE, LYDNEY, GL15 5NW - £182,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

2 NERO CLOSE is a large detached house of 116m², built sometime between 1996 and 2002. It was last sold for £182,000 in December 2003, which was around 10% below the average December 2003 detached price in the Forest of Dean local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was C.

2 NERO CLOSE Sold Prices

Land registry data shows two sales for 2 NERO CLOSE 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. One of the two 2 NERO CLOSE sales was for below the average price, whilst the other was 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
2003 16 DEC	£182,000	£201,215	10% below HPI
1997 30 MAY	£87,500	£79,235	10% above HPI

2 NERO CLOSE 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 NERO CLOSE sales from May 1997 and December 2003 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 1997 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the December 2003 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 2 NERO CLOSE?

2 NERO CLOSE is 116m² according to the EPC inspection conducted in October 2008. This puts it in the largest 40% 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 NERO CLOSE lies on this distribution: 67% of detached houses are smaller than 2 NERO CLOSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Lydney.

2 NERO CLOSE: Plot and Title Map

2 NERO CLOSE sits on a plot of roughly 0.086 of an acre, or 347m². The below map shows the location of 2 NERO CLOSE, 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 NERO CLOSE). 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 NERO CLOSE?

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