7, IRONSTONE CLOSE, BREAM, LYDNEY, GL15 6HF - £176,000

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.

7 IRONSTONE CLOSE is a small detached house of 86m², built sometime between 1983 and 1990, which could now be worth an estimated £277,871. It was last sold for £176,000 in May 2016, which was around 31% below the average May 2016 detached price in the Forest of Dean local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was C.

7 IRONSTONE CLOSE Sold Prices

Land registry data shows two sales for 7 IRONSTONE 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 7 IRONSTONE 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
2016 27 MAY	£176,000	£256,544	31% below HPI
2011 14 JAN	£165,000	£224,686	27% below HPI

7 IRONSTONE 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 7 IRONSTONE CLOSE sales from January 2011 and May 2016 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 January 2011 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the May 2016 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 7 IRONSTONE CLOSE be worth now?

7 IRONSTONE CLOSE might now be worth an estimated £277,871.

This is based on house price inflation of 57.9%, between May 2016 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 57.9% inflationary increase is applied to the most recent sale price for 7 IRONSTONE CLOSE of £176,000 on 27th May 2016. For the value to have increased from £176,000 to £277,871 over the nine years and three months to February 2025, the following assumptions must hold true:

• The value of 7 IRONSTONE CLOSE has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The May 2016 sale price of £176,000 represented a fair market value for the property.
• The size, condition, and specification of 7 IRONSTONE CLOSE has not materially changed since May 2016.

How Large is 7 IRONSTONE CLOSE?

7 IRONSTONE CLOSE is 86m² according to the EPC inspection conducted in March 2010. This puts it in the smallest 30% 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 7 IRONSTONE CLOSE lies on this distribution: 28% of detached houses houses are smaller than 7 IRONSTONE CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Bream.

7 IRONSTONE CLOSE: Plot and Title Map

7 IRONSTONE CLOSE sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 7 IRONSTONE 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 7 IRONSTONE 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 7 IRONSTONE CLOSE?

7 IRONSTONE CLOSE is located in BREAM, in the GL15 postcode district. The below map shows the position of No. 7 on IRONSTONE CLOSE.