Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
3 PREACHERS VALE is a very small detached house of 72m², built sometime between 1983 and 1990. It was last sold for £315,000 in August 2024, which was around 29% below the average August 2024 detached price in the Somerset local authority area. The most recent EPC inspection was December 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows six sales for 3 PREACHERS VALE since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. All of the six 3 PREACHERS VALE 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 |
---|---|---|---|
2024 13 AUG | £315,000 | £445,200 | 29% below HPI |
2014 17 APR | £173,000 | £284,063 | 39% below HPI |
2012 27 APR | £165,000 | £265,727 | 38% below HPI |
2004 28 MAY | £174,950 | £241,963 | 28% below HPI |
2001 3 SEP | £91,000 | £155,558 | 42% below HPI |
1996 25 OCT | £55,000 | £87,059 | 37% below HPI |
The below graph shows the average detached house price in the Somerset local authority area over time, sourced from the HPI. The six 3 PREACHERS VALE sales between October 1996 and August 2024 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 2014 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the August 2024 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.
3 PREACHERS VALE is 72m² according to the EPC inspection conducted in December 2023. This puts it in the smallest 20% of detached houses in Coleford, based on EPC data. The below chart shows the distribution of detached houses by size in Coleford, and where 3 PREACHERS VALE lies on this distribution: 12% of detached houses are smaller than 3 PREACHERS VALE, and 88% of houses are larger. Note that EPC data is not available for all properties in Coleford.
3 PREACHERS VALE sits on a plot of roughly 0.050 of an acre, or 203m². The below map shows the location of 3 PREACHERS VALE, 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 PREACHERS VALE). 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.
3 PREACHERS VALE is located in COLEFORD, in the BA3 postcode district. The below map shows the position of No. 3 on PREACHERS VALE.