24, AUGUSTUS WAY, LYDNEY, GL15 5NJ - £308,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

24 AUGUSTUS WAY is a midsized extended detached house of 106m², built sometime between 1996 and 2002, which could now be worth an estimated £372,024. It was last sold for £308,000 in September 2021, which was around 8% below the average September 2021 detached price in the Forest of Dean local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

24 AUGUSTUS WAY Sold Prices

Land registry data shows four sales for 24 AUGUSTUS WAY 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 24 AUGUSTUS WAY 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
2021 14 SEP	£308,000	£335,330	8% below HPI
2019 31 OCT	£142,500	£316,564	55% below HPI
2000 28 APR	£98,000	£101,728	4% below HPI
1996 16 AUG	£90,000	£75,678	19% above HPI

24 AUGUSTUS WAY 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 24 AUGUSTUS WAY sales between August 1996 and September 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 October 2019 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the September 2021 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 24 AUGUSTUS WAY be worth now?

24 AUGUSTUS WAY might now be worth an estimated £372,024.

This is based on house price inflation of 20.8%, between September 2021 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 20.8% inflationary increase is applied to the most recent sale price for 24 AUGUSTUS WAY of £308,000 on 14th September 2021. For the value to have increased from £308,000 to £372,024 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 24 AUGUSTUS WAY has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The September 2021 sale price of £308,000 represented a fair market value for the property.
• The size, condition, and specification of 24 AUGUSTUS WAY has not materially changed since September 2021.

How Large is 24 AUGUSTUS WAY?

24 AUGUSTUS WAY is 106m², which includes two extensions, according to the EPC inspection conducted in September 2020. This puts it in the largest 50% of detached houses houses in Lydney, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lydney, and where 24 AUGUSTUS WAY lies on this distribution: 52% of detached houses houses are smaller than 24 AUGUSTUS WAY, and 47% of houses are larger. Note that EPC data is not available for all properties in Lydney.

24 AUGUSTUS WAY: Plot and Title Map

24 AUGUSTUS WAY sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 24 AUGUSTUS WAY, 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 24 AUGUSTUS WAY). 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 24 AUGUSTUS WAY?

24 AUGUSTUS WAY is located in LYDNEY, in the GL15 postcode district. The below map shows the position of No. 24 on AUGUSTUS WAY.