4, OAKLEY WAY, BREAM, LYDNEY, GL15 6HQ - £318,000

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

4 OAKLEY WAY is a very small extended detached house of 83m², built sometime between 1996 and 2002. It was last sold for £318,000 in August 2024, which was around 22% below the average August 2024 detached price in the Forest of Dean local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was B.

4 OAKLEY WAY Sold Prices

Land registry data shows four sales for 4 OAKLEY WAY 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. All of the four 4 OAKLEY WAY 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 21 AUG	£318,000	£405,111	22% below HPI
2006 28 JUL	£172,000	£235,813	27% below HPI
2004 16 JUL	£159,950	£208,746	23% below HPI
2003 31 JAN	£126,750	£165,887	24% below HPI

4 OAKLEY WAY 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 4 OAKLEY WAY sales between January 2003 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 July 2006 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the August 2024 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 4 OAKLEY WAY?

4 OAKLEY WAY is 83m², which includes one extension, according to the EPC inspection conducted in March 2024. This puts it in the smallest 20% of detached houses in Bream, based on EPC data. The below chart shows the distribution of detached houses by size in Bream, and where 4 OAKLEY WAY lies on this distribution: 20% of detached houses are smaller than 4 OAKLEY WAY, and 77% of houses are larger. Note that EPC data is not available for all properties in Bream.

4 OAKLEY WAY: Plot and Title Map

4 OAKLEY WAY sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 4 OAKLEY WAY, 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 4 OAKLEY WAY). 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 4 OAKLEY WAY?

4 OAKLEY WAY is located in BREAM, in the GL15 postcode district. The below map shows the position of No. 4 on OAKLEY WAY.