3, HILLCREST LANE, BROADWELL, COLEFORD, GL16 7DN - £293,000

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

3 HILLCREST LANE is a small extended detached house of 95m², built sometime between 1991 and 1995. It was last sold for £293,000 in November 2020, which was around 13% below the average November 2020 detached price in the Forest of Dean local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

3 HILLCREST LANE Sold Prices

Land registry data shows four sales for 3 HILLCREST LANE 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 3 HILLCREST LANE 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 20 NOV	£293,000	£337,400	13% below HPI
2010 19 MAR	£194,000	£233,340	17% below HPI
2006 10 NOV	£175,000	£245,463	29% below HPI
2002 15 MAR	£140,000	£129,177	8% above HPI

3 HILLCREST LANE 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 3 HILLCREST LANE sales between March 2002 and November 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 March 2010 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the November 2020 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 3 HILLCREST LANE?

3 HILLCREST LANE is 95m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the smallest 30% of detached houses in Broadwell, based on EPC data. The below chart shows the distribution of detached houses by size in Broadwell, and where 3 HILLCREST LANE lies on this distribution: 28% of detached houses are smaller than 3 HILLCREST LANE, and 72% of houses are larger. Note that EPC data is not available for all properties in Broadwell.

3 HILLCREST LANE: Plot and Title Map

3 HILLCREST LANE sits on a plot of roughly 0.157 of an acre, or 634m². The below map shows the location of 3 HILLCREST LANE, 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 HILLCREST LANE). 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 HILLCREST LANE?

3 HILLCREST LANE is located in BROADWELL, in the GL16 postcode district. The below map shows the position of No. 3 on HILLCREST LANE.