7, WALNUT CLOSE, COALWAY, COLEFORD, GL16 7GZ - £270,000

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 WALNUT CLOSE is a small detached house of 92m², built sometime between 1991 and 1995, which could now be worth an estimated £309,146. It was last sold for £270,000 in December 2021, which was around 24% below the average December 2021 detached price in the Forest of Dean local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was B.

7 WALNUT CLOSE Sold Prices

Land registry data shows three sales for 7 WALNUT CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Forest of Dean local authority area for the corresponding sale date. All of the three 7 WALNUT 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
2021 17 DEC	£270,000	£353,747	24% below HPI
2016 22 AUG	£220,000	£273,076	19% below HPI
1995 27 OCT	£63,000	£71,898	12% below HPI

7 WALNUT 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 three 7 WALNUT CLOSE sales between October 1995 and December 2021 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 August 2016 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the December 2021 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 7 WALNUT CLOSE be worth now?

7 WALNUT CLOSE might now be worth an estimated £309,146.

This is based on house price inflation of 14.5%, between December 2021 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 14.5% inflationary increase is applied to the most recent sale price for 7 WALNUT CLOSE of £270,000 on 17th December 2021. For the value to have increased from £270,000 to £309,146 over the four years and ten months to February 2025, the following assumptions must hold true:

• The value of 7 WALNUT CLOSE has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The December 2021 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 7 WALNUT CLOSE has not materially changed since December 2021.

How Large is 7 WALNUT CLOSE?

7 WALNUT CLOSE is 92m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 40% of detached houses houses in Coalway, based on EPC data. The below chart shows the distribution of detached houses houses by size in Coalway, and where 7 WALNUT CLOSE lies on this distribution: 34% of detached houses houses are smaller than 7 WALNUT CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Coalway.

7 WALNUT CLOSE: Plot and Title Map

7 WALNUT CLOSE sits on a plot of roughly 0.088 of an acre, or 358m². The below map shows the location of 7 WALNUT 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 WALNUT 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 WALNUT CLOSE?

7 WALNUT CLOSE is located in COALWAY, in the GL16 postcode district. The below map shows the position of No. 7 on WALNUT CLOSE.