CORNERWAYS, BEACH LANE, BROMSBERROW HEATH, LEDBURY, HR8 1PQ - £248,500

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

CORNERWAYS is a very small extended detached house of 78m², built sometime between 1976 and 1982, which could now be worth an estimated £363,376. It was last sold for £248,500 in April 2017, which was around 10% below the average April 2017 detached price in the Forest of Dean local authority area. The most recent EPC inspection was March 2015, where the current energy rating was E, and the potential energy rating was C.

CORNERWAYS Sold Prices

Land registry data shows two sales for CORNERWAYS 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. One of the two CORNERWAYS sales was for below the average price, whilst the other was 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
2017 21 APR	£248,500	£276,989	10% below HPI
1995 29 JUL	£75,000	£72,985	3% above HPI

CORNERWAYS 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 CORNERWAYS sales from July 1995 and April 2017 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 July 1995 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the April 2017 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might CORNERWAYS be worth now?

CORNERWAYS might now be worth an estimated £363,376.

This is based on house price inflation of 46.2%, between April 2017 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 46.2% inflationary increase is applied to the most recent sale price for CORNERWAYS of £248,500 on 21st April 2017. For the value to have increased from £248,500 to £363,376 over the eight years and two months to February 2025, the following assumptions must hold true:

• The value of CORNERWAYS has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The April 2017 sale price of £248,500 represented a fair market value for the property.
• The size, condition, and specification of CORNERWAYS has not materially changed since April 2017.

How Large is CORNERWAYS?

CORNERWAYS is 78m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the smallest 10% of detached houses houses in Bromesberrow Heath, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bromesberrow Heath, and where CORNERWAYS lies on this distribution: 8% of detached houses houses are smaller than CORNERWAYS, and 92% of houses are larger. Note that EPC data is not available for all properties in Bromesberrow Heath.

CORNERWAYS: Plot and Title Map

CORNERWAYS sits on a plot of roughly 0.130 of an acre, or 528m². The below map shows the location of CORNERWAYS, 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 CORNERWAYS). 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 CORNERWAYS?

CORNERWAYS is located on BEACH LANE in BROMSBERROW HEATH, in the HR8 postcode district. The below map shows the position of CORNERWAYS on BEACH LANE.