27, OLD ROAD, COALWAY, COLEFORD, GL16 7JN - £489,000

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

27 OLD ROAD is a very large extended detached house of 170m², built sometime between 1976 and 1982. It was last sold for £489,000 in July 2023, which was around 25% above the average July 2023 detached price in the Forest of Dean local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was B.

27 OLD ROAD Sold Prices

Land registry data shows three sales for 27 OLD ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Forest of Dean local authority area for the corresponding sale date. Two of the three 27 OLD ROAD sales were for above the average price, whilst one was 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
2023 11 JUL	£489,000	£392,463	25% above HPI
2016 15 AUG	£260,000	£274,658	5% below HPI
1995 23 JUN	£80,000	£73,426	9% above HPI

27 OLD 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 three 27 OLD ROAD sales between June 1995 and July 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 August 2016 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the July 2023 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 27 OLD ROAD?

27 OLD ROAD is 170m², which includes two extensions, according to the EPC inspection conducted in March 2023. This puts it in the largest 20% of detached houses in Coalway, based on EPC data. The below chart shows the distribution of detached houses by size in Coalway, and where 27 OLD ROAD lies on this distribution: 88% of detached houses are smaller than 27 OLD ROAD, and 12% of houses are larger. Note that EPC data is not available for all properties in Coalway.

27 OLD ROAD: Plot and Title Map

27 OLD ROAD sits on a plot of roughly 0.184 of an acre, or 744m². The below map shows the location of 27 OLD 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 27 OLD 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 27 OLD ROAD?

27 OLD ROAD is located in COALWAY, in the GL16 postcode district. The below map shows the position of No. 27 on OLD ROAD.