2B, ASH CLOSE, LYDNEY, GL15 5NE - £245,000

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.

2B ASH CLOSE is a small detached house of 95m², built sometime between 1976 and 1982, which could now be worth an estimated £349,184. It was last sold for £245,000 in December 2017, which was around 14% below the average December 2017 detached price in the Forest of Dean local authority area. The most recent EPC inspection was May 2017, where the current energy rating was C, and the potential energy rating was B.

2B ASH CLOSE Sold Prices

Land registry data shows two sales for 2B ASH 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. Both of the two 2B ASH CLOSE 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
2017 11 DEC	£245,000	£284,121	14% below HPI
1996 9 APR	£54,000	£70,476	23% below HPI

2B ASH 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 2B ASH CLOSE sales from April 1996 and December 2017 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 April 1996 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the December 2017 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 2B ASH CLOSE be worth now?

2B ASH CLOSE might now be worth an estimated £349,184.

This is based on house price inflation of 42.5%, between December 2017 and March 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 42.5% inflationary increase is applied to the most recent sale price for 2B ASH CLOSE of £245,000 on 11th December 2017. For the value to have increased from £245,000 to £349,184 over the eight years and nine months to March 2025, the following assumptions must hold true:

• The value of 2B ASH CLOSE has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The December 2017 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 2B ASH CLOSE has not materially changed since December 2017.

How Large is 2B ASH CLOSE?

2B ASH CLOSE is 95m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 40% 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 2B ASH CLOSE lies on this distribution: 38% of detached houses houses are smaller than 2B ASH CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Lydney.

2B ASH CLOSE: Plot and Title Map

2B ASH CLOSE sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 2B ASH 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 2B ASH 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 2B ASH CLOSE?

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