5, THE PADDOCKS, COLEFORD, GL16 7PX - £245,000

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 THE PADDOCKS is a very small detached house of 81m², built sometime between 1996 and 2002. It was last sold for £245,000 in July 2019, which was around 21% below the average July 2019 detached price in the Forest of Dean local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was B.

5 THE PADDOCKS Sold Prices

Land registry data shows four sales for 5 THE PADDOCKS 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 5 THE PADDOCKS 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
2019 26 JUL	£245,000	£311,917	21% below HPI
2013 24 MAY	£170,000	£228,934	26% below HPI
2004 26 MAY	£172,500	£203,203	15% below HPI
1998 14 AUG	£76,995	£90,678	15% below HPI

5 THE PADDOCKS 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 5 THE PADDOCKS sales between August 1998 and July 2019 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 May 2013 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the July 2019 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 5 THE PADDOCKS be worth now?

5 THE PADDOCKS might now be worth an estimated £300,067.

This is based on house price inflation of 22.5%, between July 2019 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 22.5% inflationary increase is applied to the most recent sale price for 5 THE PADDOCKS of £245,000 on 26th July 2019. For the value to have increased from £245,000 to £300,067 over the four years and seven months to December 2024, the following assumptions must hold true:

• The value of 5 THE PADDOCKS has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The July 2019 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 5 THE PADDOCKS has not materially changed since July 2019.

How Large is 5 THE PADDOCKS?

5 THE PADDOCKS is 81m² according to the EPC inspection conducted in February 2023. This puts it in the smallest 20% 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 5 THE PADDOCKS lies on this distribution: 17% of detached houses houses are smaller than 5 THE PADDOCKS, and 82% of houses are larger. Note that EPC data is not available for all properties in Coleford.

5 THE PADDOCKS: Plot and Title Map

5 THE PADDOCKS sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 5 THE PADDOCKS, 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 THE PADDOCKS). 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 THE PADDOCKS?

5 THE PADDOCKS is located in COLEFORD, in the GL16 postcode district. The below map shows the position of No. 5 on THE PADDOCKS.