CARINYA, HANG HILL ROAD, BREAM, LYDNEY, GL15 6LQ - £175,000

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.

CARINYA is a very small detached house of 77m², built sometime between 1967 and 1975, which could now be worth an estimated £303,131. It was last sold for £175,000 in February 2011, which was around 25% below the average February 2011 detached price in the Forest of Dean local authority area. The most recent EPC inspection was March 2010, where the current energy rating was F, and the potential energy rating was D.

CARINYA Sold Prices

Land registry data shows two sales for CARINYA 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 CARINYA 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
2011 11 FEB	£175,000	£233,830	25% below HPI
1996 11 OCT	£60,000	£76,893	22% below HPI

CARINYA 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 CARINYA sales from October 1996 and February 2011 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 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the February 2011 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might CARINYA be worth now?

CARINYA might now be worth an estimated £303,131.

This is based on house price inflation of 73.2%, between February 2011 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 73.2% inflationary increase is applied to the most recent sale price for CARINYA of £175,000 on 11th February 2011. For the value to have increased from £175,000 to £303,131 over the fourteen years to February 2025, the following assumptions must hold true:

• The value of CARINYA has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The February 2011 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of CARINYA has not materially changed since February 2011.

How Large is CARINYA?

CARINYA is 77m² according to the EPC inspection conducted in March 2010. This puts it in the smallest 20% 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 CARINYA lies on this distribution: 14% of detached houses houses are smaller than CARINYA, and 86% of houses are larger. Note that EPC data is not available for all properties in Bream.

CARINYA: Plot and Title Map

CARINYA sits on a plot of roughly 0.179 of an acre, or 723m². The below map shows the location of CARINYA, 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 CARINYA). 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 CARINYA?

CARINYA is located on HANG HILL ROAD in BREAM, in the GL15 postcode district. The below map shows the position of CARINYA on HANG HILL ROAD.