CHARMONT, THE BRANCH, DRYBROOK, GL17 9DB - £315,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

CHARMONT is a very small extended detached house of 72m², built sometime before 1900. It was last sold for £315,000 in November 2022, which was around 19% below the average November 2022 detached price in the Forest of Dean local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.

CHARMONT Sold Prices

Land registry data shows five sales for CHARMONT since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Forest of Dean local authority area for the corresponding sale date. All of the five CHARMONT 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 2 NOV	£315,000	£390,205	19% below HPI
2004 14 SEP	£182,999	£227,693	20% below HPI
2002 4 NOV	£119,950	£158,894	25% below HPI
1999 28 MAY	£58,000	£92,823	38% below HPI
1995 27 JAN	£29,000	£73,381	60% below HPI

CHARMONT 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 five CHARMONT sales between January 1995 and November 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 September 2004 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the November 2022 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is CHARMONT?

CHARMONT is 72m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the smallest 10% of detached houses in Drybrook, based on EPC data. The below chart shows the distribution of detached houses by size in Drybrook, and where CHARMONT lies on this distribution: 6% of detached houses are smaller than CHARMONT, and 92% of houses are larger. Note that EPC data is not available for all properties in Drybrook.

CHARMONT: Plot and Title Map

CHARMONT sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of CHARMONT, 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 CHARMONT). 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 CHARMONT?

CHARMONT is located on THE BRANCH in DRYBROOK, in the GL17 postcode district. The below map shows the position of CHARMONT on THE BRANCH.