CANDLELIGHT COTTAGE, HILLSIDE ROAD, DRYBROOK, GL17 9HL - £175,000

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

CANDLELIGHT COTTAGE is a very small extended semi-detached house of 61m², built sometime before 1900, which could now be worth an estimated £181,548. It was last sold for £175,000 in May 2022, which was around 27% below the average May 2022 semi-detached price in the Forest of Dean local authority area. The most recent EPC inspection was March 2014, where the current energy rating was E, and the potential energy rating was B.

CANDLELIGHT COTTAGE Sold Prices

Land registry data shows five sales for CANDLELIGHT COTTAGE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Forest of Dean local authority area for the corresponding sale date. All of the five CANDLELIGHT COTTAGE 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
2022 27 MAY	£175,000	£238,216	27% below HPI
2019 1 APR	£131,000	£204,140	36% below HPI
2015 29 JUN	£93,000	£154,178	40% below HPI
2001 8 JUN	£59,950	£73,491	18% below HPI
1999 10 MAR	£24,750	£53,809	54% below HPI

CANDLELIGHT COTTAGE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Forest of Dean local authority area over time, sourced from the HPI. The five CANDLELIGHT COTTAGE sales between March 1999 and May 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 April 2019 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the May 2022 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might CANDLELIGHT COTTAGE be worth now?

CANDLELIGHT COTTAGE might now be worth an estimated £181,548.

This is based on house price inflation of 3.7%, between May 2022 and December 2024, for semi-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 3.7% inflationary increase is applied to the most recent sale price for CANDLELIGHT COTTAGE of £175,000 on 27th May 2022. For the value to have increased from £175,000 to £181,548 over the one year and five months to December 2024, the following assumptions must hold true:

• The value of CANDLELIGHT COTTAGE has moved in line with the HPI for semi-detached houses in the Forest of Dean local authority area.
• The May 2022 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of CANDLELIGHT COTTAGE has not materially changed since May 2022.

How Large is CANDLELIGHT COTTAGE?

CANDLELIGHT COTTAGE is 61m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the smallest 10% of semi-detached houses houses in Drybrook, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Drybrook, and where CANDLELIGHT COTTAGE lies on this distribution: 4% of semi-detached houses houses are smaller than CANDLELIGHT COTTAGE, and 96% of houses are larger. Note that EPC data is not available for all properties in Drybrook.

CANDLELIGHT COTTAGE: Plot and Title Map

CANDLELIGHT COTTAGE sits on a plot of roughly 0.022 of an acre, or 88m². The below map shows the location of CANDLELIGHT COTTAGE, 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 CANDLELIGHT COTTAGE). 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 CANDLELIGHT COTTAGE?

CANDLELIGHT COTTAGE is located on HILLSIDE ROAD in DRYBROOK, in the GL17 postcode district. The below map shows the position of CANDLELIGHT COTTAGE on HILLSIDE ROAD.