3, LYCH GATE MEWS, LYDNEY, GL15 5TJ - £323,000

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 LYCH GATE MEWS is a very large detached house of 157m², built sometime between 1991 and 1995. It was last sold for £323,000 in August 2016, which was around 18% above the average August 2016 detached price in the Forest of Dean local authority area. The most recent EPC inspection was April 2016, where the current energy rating was C, and the potential energy rating was B.

3 LYCH GATE MEWS Sold Prices

Land registry data shows three sales for 3 LYCH GATE MEWS 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. All of the three 3 LYCH GATE MEWS sales were for above 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
2016 26 AUG	£323,000	£274,658	18% above HPI
2000 28 JAN	£112,500	£101,695	11% above HPI
1997 26 MAR	£109,950	£76,370	44% above HPI

3 LYCH GATE MEWS 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 3 LYCH GATE MEWS sales between March 1997 and August 2016 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 January 2000 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the August 2016 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 3 LYCH GATE MEWS?

3 LYCH GATE MEWS is 157m² according to the EPC inspection conducted in April 2016. This puts it in the largest 10% of detached houses in Lydney, based on EPC data. The below chart shows the distribution of detached houses by size in Lydney, and where 3 LYCH GATE MEWS lies on this distribution: 93% of detached houses are smaller than 3 LYCH GATE MEWS, and 7% of houses are larger. Note that EPC data is not available for all properties in Lydney.

3 LYCH GATE MEWS: Plot and Title Map

3 LYCH GATE MEWS sits on a plot of roughly 0.101 of an acre, or 410m². The below map shows the location of 3 LYCH GATE MEWS, 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 LYCH GATE MEWS). 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 LYCH GATE MEWS?

3 LYCH GATE MEWS is located in LYDNEY, in the GL15 postcode district. The below map shows the position of No. 3 on LYCH GATE MEWS.