7, TEMPLE CLOSE, LYDNEY, GL15 5JA - £320,000

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 TEMPLE CLOSE is a very small detached house of 65m², built sometime between 1976 and 1982, which could now be worth an estimated £352,416. It was last sold for £320,000 in February 2022, which was around 13% below the average February 2022 detached price in the Forest of Dean local authority area. The most recent EPC inspection was December 2020, where the current energy rating was C, and the potential energy rating was B.

7 TEMPLE CLOSE Sold Prices

Land registry data shows two sales for 7 TEMPLE 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. One of the two 7 TEMPLE CLOSE sales was for below the average price, whilst the other was for above 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
2022 9 FEB	£320,000	£367,779	13% below HPI
1996 28 OCT	£80,000	£76,893	4% above HPI

7 TEMPLE 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 TEMPLE CLOSE sales from October 1996 and February 2022 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 October 1996 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the February 2022 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 7 TEMPLE CLOSE be worth now?

7 TEMPLE CLOSE might now be worth an estimated £352,416.

This is based on house price inflation of 10.1%, between February 2022 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 10.1% inflationary increase is applied to the most recent sale price for 7 TEMPLE CLOSE of £320,000 on 9th February 2022. For the value to have increased from £320,000 to £352,416 over the three years to February 2025, the following assumptions must hold true:

• The value of 7 TEMPLE CLOSE has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The February 2022 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 7 TEMPLE CLOSE has not materially changed since February 2022.

How Large is 7 TEMPLE CLOSE?

7 TEMPLE CLOSE is 65m² according to the EPC inspection conducted in December 2020. This puts it in the smallest 10% 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 7 TEMPLE CLOSE lies on this distribution: 6% of detached houses houses are smaller than 7 TEMPLE CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Lydney.

7 TEMPLE CLOSE: Plot and Title Map

7 TEMPLE CLOSE sits on a plot of roughly 0.128 of an acre, or 517m². The below map shows the location of 7 TEMPLE 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 TEMPLE 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 TEMPLE CLOSE?

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