3, GROVE PARK, WHITECROFT, LYDNEY, GL15 4SS - £310,000

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.

3 GROVE PARK is a small extended detached house of 90m², built sometime between 1996 and 2002, which could now be worth an estimated £379,589. It was last sold for £310,000 in September 2020, which was around 6% below the average September 2020 detached price in the Forest of Dean local authority area. The most recent EPC inspection was May 2020, where the current energy rating was D, and the potential energy rating was B.

3 GROVE PARK Sold Prices

Land registry data shows two sales for 3 GROVE PARK 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 3 GROVE PARK 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
2020 4 SEP	£310,000	£330,781	6% below HPI
1999 29 OCT	£92,950	£100,410	7% below HPI

3 GROVE PARK 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 3 GROVE PARK sales from October 1999 and September 2020 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 1999 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the September 2020 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 3 GROVE PARK be worth now?

3 GROVE PARK might now be worth an estimated £379,589.

This is based on house price inflation of 22.4%, between September 2020 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 22.4% inflationary increase is applied to the most recent sale price for 3 GROVE PARK of £310,000 on 4th September 2020. For the value to have increased from £310,000 to £379,589 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of 3 GROVE PARK has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The September 2020 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 3 GROVE PARK has not materially changed since September 2020.

How Large is 3 GROVE PARK?

3 GROVE PARK is 90m², which includes one extension, according to the EPC inspection conducted in May 2020. This puts it in the smallest 30% of detached houses houses in Whitecroft, based on EPC data. The below chart shows the distribution of detached houses houses by size in Whitecroft, and where 3 GROVE PARK lies on this distribution: 26% of detached houses houses are smaller than 3 GROVE PARK, and 73% of houses are larger. Note that EPC data is not available for all properties in Whitecroft.

3 GROVE PARK: Plot and Title Map

3 GROVE PARK sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 3 GROVE PARK, 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 3 GROVE PARK). 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 3 GROVE PARK?

3 GROVE PARK is located in WHITECROFT, in the GL15 postcode district. The below map shows the position of No. 3 on GROVE PARK.