4, SOUTHFIELD ROAD, COLEFORD, GL16 8BZ - £48,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

4 SOUTHFIELD ROAD is a large detached house of 142m², built sometime between 1976 and 1982. It was last sold for £48,000 in March 1998, which was around 41% below the average March 1998 detached price in the Forest of Dean local authority area. The most recent EPC inspection was October 2008, where the current energy rating was C, and the potential energy rating was C.

4 SOUTHFIELD ROAD Sold Prices

Land registry data shows two sales for 4 SOUTHFIELD ROAD 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 4 SOUTHFIELD ROAD 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
1998 6 MAR	£48,000	£81,709	41% below HPI
1997 18 JUN	£64,000	£83,891	24% below HPI

4 SOUTHFIELD ROAD 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 4 SOUTHFIELD ROAD sales from June 1997 and March 1998 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 June 1997 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the March 1998 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 4 SOUTHFIELD ROAD be worth now?

4 SOUTHFIELD ROAD might now be worth an estimated £224,421.

This is based on house price inflation of 367.5%, between March 1998 and December 2024, 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 367.5% inflationary increase is applied to the most recent sale price for 4 SOUTHFIELD ROAD of £48,000 on 6th March 1998. For the value to have increased from £48,000 to £224,421 over the 25 years and three months to December 2024, the following assumptions must hold true:

• The value of 4 SOUTHFIELD ROAD has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The March 1998 sale price of £48,000 represented a fair market value for the property.
• The size, condition, and specification of 4 SOUTHFIELD ROAD has not materially changed since March 1998.

How Large is 4 SOUTHFIELD ROAD?

4 SOUTHFIELD ROAD is 142m² according to the EPC inspection conducted in October 2008. This puts it in the largest 30% of detached houses houses in Coleford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Coleford, and where 4 SOUTHFIELD ROAD lies on this distribution: 78% of detached houses houses are smaller than 4 SOUTHFIELD ROAD, and 22% of houses are larger. Note that EPC data is not available for all properties in Coleford.

4 SOUTHFIELD ROAD: Plot and Title Map

4 SOUTHFIELD ROAD sits on a plot of roughly 0.202 of an acre, or 816m². The below map shows the location of 4 SOUTHFIELD ROAD, 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 SOUTHFIELD ROAD). 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 SOUTHFIELD ROAD?

4 SOUTHFIELD ROAD is located in COLEFORD, in the GL16 postcode district. The below map shows the position of No. 4 on SOUTHFIELD ROAD.