5, KNOCKLEY PATCH, BREAM, LYDNEY, GL15 6RF - £170,000

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

5 KNOCKLEY PATCH is a small extended detached house of 97m², built sometime between 1991 and 1995, which could now be worth an estimated £361,526. It was last sold for £170,000 in November 2003, which was around 11% below the average November 2003 detached price in the Forest of Dean local authority area. The most recent EPC inspection was December 2013, where the current energy rating was C, and the potential energy rating was B.

5 KNOCKLEY PATCH Sold Prices

Land registry data shows two sales for 5 KNOCKLEY PATCH 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 5 KNOCKLEY PATCH 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
2003 12 NOV	£170,000	£190,459	11% below HPI
1998 30 JUN	£65,000	£91,402	29% below HPI

5 KNOCKLEY PATCH 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 5 KNOCKLEY PATCH sales from June 1998 and November 2003 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 1998 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the November 2003 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 5 KNOCKLEY PATCH be worth now?

5 KNOCKLEY PATCH might now be worth an estimated £361,526.

This is based on house price inflation of 112.7%, between November 2003 and February 2025, 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 112.7% inflationary increase is applied to the most recent sale price for 5 KNOCKLEY PATCH of £170,000 on 12th November 2003. For the value to have increased from £170,000 to £361,526 over the 22 years and nine months to February 2025, the following assumptions must hold true:

• The value of 5 KNOCKLEY PATCH has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The November 2003 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 5 KNOCKLEY PATCH has not materially changed since November 2003.

How Large is 5 KNOCKLEY PATCH?

5 KNOCKLEY PATCH is 97m², which includes two extensions, according to the EPC inspection conducted in December 2013. This puts it in the smallest 40% of detached houses houses in Bream, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bream, and where 5 KNOCKLEY PATCH lies on this distribution: 37% of detached houses houses are smaller than 5 KNOCKLEY PATCH, and 63% of houses are larger. Note that EPC data is not available for all properties in Bream.

5 KNOCKLEY PATCH: Plot and Title Map

5 KNOCKLEY PATCH sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 5 KNOCKLEY PATCH, 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 5 KNOCKLEY PATCH). 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 5 KNOCKLEY PATCH?

5 KNOCKLEY PATCH is located in BREAM, in the GL15 postcode district. The below map shows the position of No. 5 on KNOCKLEY PATCH.