6, SHEPHERDINE CLOSE, LYDNEY, GL15 5BT - £152,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

6 SHEPHERDINE CLOSE is a very small detached house of 80m², built sometime between 1976 and 1982, which could now be worth an estimated £189,232. It was last sold for £152,500 in August 2020, which was around 53% below the average August 2020 detached price in the Forest of Dean local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was B.

6 SHEPHERDINE CLOSE Sold Prices

Land registry data shows two sales for 6 SHEPHERDINE CLOSE 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 6 SHEPHERDINE CLOSE 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
2020 28 AUG	£152,500	£326,338	53% below HPI
2006 15 MAY	£118,000	£232,358	49% below HPI

6 SHEPHERDINE CLOSE 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 6 SHEPHERDINE CLOSE sales from May 2006 and August 2020 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 2006 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the August 2020 sale, where it falls to 53% below the HPI. The line then continues to track at 53% below the HPI.

What might 6 SHEPHERDINE CLOSE be worth now?

6 SHEPHERDINE CLOSE might now be worth an estimated £189,232.

This is based on house price inflation of 24.1%, between August 2020 and March 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 24.1% inflationary increase is applied to the most recent sale price for 6 SHEPHERDINE CLOSE of £152,500 on 28th August 2020. For the value to have increased from £152,500 to £189,232 over the five years and five months to March 2025, the following assumptions must hold true:

• The value of 6 SHEPHERDINE CLOSE has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The August 2020 sale price of £152,500 represented a fair market value for the property.
• The size, condition, and specification of 6 SHEPHERDINE CLOSE has not materially changed since August 2020.

How Large is 6 SHEPHERDINE CLOSE?

6 SHEPHERDINE CLOSE is 80m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 20% of detached houses houses in Lydney, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lydney, and where 6 SHEPHERDINE CLOSE lies on this distribution: 17% of detached houses houses are smaller than 6 SHEPHERDINE CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Lydney.

6 SHEPHERDINE CLOSE: Plot and Title Map

6 SHEPHERDINE CLOSE sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 6 SHEPHERDINE CLOSE, 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 6 SHEPHERDINE CLOSE). 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 6 SHEPHERDINE CLOSE?

6 SHEPHERDINE CLOSE is located in LYDNEY, in the GL15 postcode district. The below map shows the position of No. 6 on SHEPHERDINE CLOSE.