CHELSTON, BUTTERMILK LANE, RUDFORD, GLOUCESTER, GL2 8DY - £515,000

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.

CHELSTON is a small extended detached house of 128m², built sometime between 1930 and 1949, which could now be worth an estimated £527,399. It was last sold for £515,000 in September 2022, which was around 30% above the average September 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 C.

CHELSTON Sold Prices

Land registry data shows two sales for CHELSTON 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 CHELSTON sales were 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 30 SEP	£515,000	£395,513	30% above HPI
2006 1 SEP	£320,000	£242,322	32% above HPI

CHELSTON 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 CHELSTON sales from September 2006 and September 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 2006 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the September 2022 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

What might CHELSTON be worth now?

CHELSTON might now be worth an estimated £527,399.

This is based on house price inflation of 2.4%, between September 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 2.4% inflationary increase is applied to the most recent sale price for CHELSTON of £515,000 on 30th September 2022. For the value to have increased from £515,000 to £527,399 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of CHELSTON has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The September 2022 sale price of £515,000 represented a fair market value for the property.
• The size, condition, and specification of CHELSTON has not materially changed since September 2022.

How Large is CHELSTON?

CHELSTON is 128m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the smallest 40% of detached houses houses in Tibberton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tibberton, and where CHELSTON lies on this distribution: 37% of detached houses houses are smaller than CHELSTON, and 61% of houses are larger. Note that EPC data is not available for all properties in Tibberton.

CHELSTON: Plot and Title Map

CHELSTON sits on a plot of roughly 0.149 of an acre, or 602m². The below map shows the location of CHELSTON, 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 CHELSTON). 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 CHELSTON?

CHELSTON is located on BUTTERMILK LANE in RUDFORD, in the GL2 postcode district. The below map shows the position of CHELSTON on BUTTERMILK LANE.